4959 Brewster Drive, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 6 bath

4959 Brewster Drive, Tarzana, California 91356 home-pic-0
ACTIVE$2,669,000
4959 Brewster Drive, Tarzana, California 91356
5Beds
6Baths
4,233Sqft
21,392Lot
Year Built
1956
Close
-
List price
$2.67M
Original List price
$2.67M
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22625
Home ConditionFair
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.67M(81th), sqft - 4233(80th), beds - 5(64th), baths - 6(85th).

This cherished family home in prime Tarzana is located south of Ventura Blvd offering room to grow, remodel, and make your own. Set on an impressive 21,392 sq ft flat lot, this 5-bedroom, 6-bathroom single-story home spans approximately 4,233 sq ft and has been cared for by the same family for over 25 years. The open, flowing layout provides flexibility for everyday living, entertaining, and future redesign. Generously sized living areas are ideal for hosting large gatherings while a cozy Music & Movie Family Room has served as a treasured gathering space for years adding to the home's unique charm and natural sense of comfort. A detached structure on the property, used for many years as a Music Studio, presents great potential--whether as a creative workspace, guest space, pool house, or rental. Outdoors, enjoy the pool & spa with plenty of space for future vision & expansion. This is a well-loved home with solid fundamentals, ready for the next owner to reimagine and personalize. Located near top schools, shopping, dining & recreation the home offers a rare blend of space, potential, and location.

Nearby schools

3/10
Tarzana Elementary School
Public,K-51.0mi
3/10
Vanalden Avenue Elementary School
Public,K-51.5mi
6/10
Newcastle Elementary School
Public,K-52.3mi
8/10
Lanai Road Elementary School
Public,K-53.1mi
6/10
Gaspar De Portola Middle School
Public,6-80.5mi
5/10
Woodland Hills Charter Academy
Public,6-82.4mi
5/10
William Mulholland Middle School
Public,6-83.1mi
3/10
William Mulholland Middle School
Public,6-83.2mi
4/10
Reseda Senior High School
Public,9-122.2mi
Condition Rating
Fair

The property was built in 1956, making it 68 years old. While the description notes it has 'solid fundamentals' and has been 'cared for by the same family for over 25 years,' it also explicitly states it's 'ready for the next owner to reimagine and personalize.' The images confirm this, showing a kitchen with very dated light-colored, distressed cabinets, speckled granite countertops, a large fluorescent ceiling light box with a fan, and a mix of older and newer stainless steel appliances. All visible bathrooms feature significantly outdated vanities, countertops, mirrors, and strip lighting, along with older tile work. The flooring throughout includes dated tile and light-colored carpet. These elements suggest that while the home is maintained, its major components and aesthetic are largely from renovations 20-30+ years ago, requiring substantial cosmetic and functional updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21392, living area = 4233.
Prime Location: Situated in prime Tarzana, south of Ventura Blvd, offering convenient access to top schools, shopping, dining, and recreation, enhancing its desirability.
Expansive Flat Lot: An impressive 21,392 sq ft flat lot provides substantial outdoor space and significant potential for landscaping, expansion, or additional features.
Generous Living Space & Flexible Layout: A spacious 4,233 sq ft single-story home with 5 bedrooms and 6 bathrooms, featuring an open, flowing layout ideal for large gatherings and adaptable to future redesigns.
Versatile Detached Structure: A detached building, previously a music studio, offers excellent potential for a creative workspace, guest suite, pool house, or rental income.
Outdoor Entertainment Amenities: Features a private pool and spa, complemented by ample outdoor space for further customization and entertainment.

Cons

Dated Condition & Renovation Potential: Built in 1956 and described as 'ready for the next owner to reimagine and personalize,' indicating it likely requires significant modernization and renovation to meet contemporary standards.
Lack of Desirable Views: The property description explicitly states 'view:None,' which may be a drawback in a market where comparable properties often boast city or canyon views.
Significant Price Discrepancy: The listing price of $2.669M is considerably higher than the estimated value of approximately $1.69M, suggesting it may be overpriced or requires substantial investment to justify the current asking price.

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