18101 Karen Drive, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 4 bath
ACTIVE UNDER CONTRACT$2,400,000
18101 Karen Drive, Tarzana, California 91356
3Beds
4Baths
2,127Sqft
15,681Lot
Price Vs. Estimate
The estimated value ($2,055,723.545) is $344,276.455 (14%) lower than the list price ($2,400,000). This property may be overpriced.
Key pros and cons
Top 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 = 15681, living area = 2127.
Top Cons:
Age of Property & Potential System Updates: Built in 1953, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or require significant updates, which could lead to unforeseen expenses for a new owner.
Compared to the nearby listings
Price:$2.40M vs avg $1.85M (+$550,000)76%
Size:2,127 sqft vs avg 2,997.5 sqft27%
Price/sqft:$1.1K vs avg $66099%
More Insights
Built in 1953 (72 years old).
Condition: Despite being built in 1953, the property features significant modern updates that make it move-in ready. The kitchen boasts an island, contemporary white cabinetry, and a Bosch oven/stove, indicating a recent renovation. Updated laminate/engineered wood flooring is present throughout the visible living areas and bedrooms, complemented by modern recessed lighting. A mini-split AC unit is visible in one bedroom, addressing cooling needs. While the exterior retains its mid-century charm and the age of major systems (plumbing, electrical, roof) is not explicitly detailed, the visible interior renovations are substantial and appear to be within the last 5-15 years, aligning with a 'Good' condition rating. The bathrooms, though not pictured, are described as 'all suite,' suggesting they are functional and likely updated to some degree.
Year Built
1953
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$1,128
HOA
-
Days on market
-
Sold On
-
MLS number
25619663
Home ConditionGood
Features
Good View: Hills, Valley
Pool
Spa
Patio
ViewHills, Valley
About this home
3 bedrooms + 4 bath in the Corner of Lindley and Karen Drive in Tarzana. +/- 2,127 SF of structure sitting on +/- 15,681 SF of Corner lot. Island kitchen. Pool + spa , Bosch Oven/stove, recess lightings. All bedrooms are suite.Gas Fireplace. large backyard. ADU permit for garage and behind pool in the backyard.
Nearby schools
3/10
Tarzana Elementary School
Public,•K-5•1.7mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•2.1mi
8/10
Lanai Road Elementary School
Public,•K-5•2.1mi
6/10
Newcastle Elementary School
Public,•K-5•2.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.1mi
5/10
William Mulholland Middle School
Public,•6-8•2.8mi
3/10
William Mulholland Middle School
Public,•6-8•2.9mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.4mi
4/10
Reseda Senior High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
07/10/96
Sold
$350,000
12/10/93
Sold
$335,000
08/15/19
Sold
$1,135,000
Condition Rating
Good
Despite being built in 1953, the property features significant modern updates that make it move-in ready. The kitchen boasts an island, contemporary white cabinetry, and a Bosch oven/stove, indicating a recent renovation. Updated laminate/engineered wood flooring is present throughout the visible living areas and bedrooms, complemented by modern recessed lighting. A mini-split AC unit is visible in one bedroom, addressing cooling needs. While the exterior retains its mid-century charm and the age of major systems (plumbing, electrical, roof) is not explicitly detailed, the visible interior renovations are substantial and appear to be within the last 5-15 years, aligning with a 'Good' condition rating. The bathrooms, though not pictured, are described as 'all suite,' suggesting they are functional and likely updated to some degree.
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 = 15681, living area = 2127.
ADU Development Potential: The existing ADU permit for both the garage and behind the pool offers significant flexibility for rental income, guest quarters, or multi-generational living, greatly enhancing property value and utility.
Expansive Corner Lot: Situated on a generous 15,681 SF corner lot, the property provides ample outdoor space, enhanced privacy, and potential for further landscaping or outdoor entertainment areas.
Premium Amenities & Features: Boasts desirable amenities including a pool and spa, a modern island kitchen with a Bosch oven/stove, recessed lighting, and a gas fireplace, contributing to a luxurious and comfortable living experience.
All En-Suite Bedrooms: Each of the three bedrooms is an en-suite, offering unparalleled privacy and convenience for residents and guests alike, a highly sought-after feature in luxury homes.
Scenic Views: The property offers desirable hills and valley views, adding aesthetic appeal and a sense of tranquility to the living environment.
Cons
Age of Property & Potential System Updates: Built in 1953, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or require significant updates, which could lead to unforeseen expenses for a new owner.
Lack of Mentioned Cooling System: The description does not specify the presence of a cooling system (e.g., central air conditioning), which is a crucial amenity for comfort in Tarzana's climate and could be a significant drawback for potential buyers.
Active Under Contract Status: While indicating market interest, the current 'Active Under Contract' status means the property is not immediately available for new offers, potentially deterring interested buyers who are looking for a quick transaction.