
Tarzana, California 91356
This townhome presents a Strong Value Opportunity, listed at $739,000—positioned well above the $678,214 Fair Market Value by 8%. While the property requires a strategic approach due to its Fair Condition Rating and monthly HOA fees, the 2,140 sq ft floor plan offers significant space for cosmetic modernization. Featuring a private patio, pool, and spa, this residence provides resort-style living in a prime Tarzana location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18135 Burbank 11 Subject | $739,000* List Price | 2 | 3 | 2,140 | $317 | - |
A 18135 Burbank Boulevard 8 Sold | $699,000 | 2 | 3 | 2,153 | $325 | 0.0 mi |
B 18324 Clark Street 315 Sold | $638,000 | 2 | 2 | 2,035 | $314 | 0.3 mi |
C 18360 Collins Street E Sold | $630,000 | 2 | 3 | 1,659 | $380 | 0.3 mi |
D 18731 Hatteras Street 34 Sold | $725,000 | 3 | 3 | 1,801 | $403 | 0.9 mi |
E 18751 Hatteras Street 13 Sold | $640,000 | 3 | 3 | 1,801 | $355 | 0.9 mi |
F 18806 Hatteras Street 101 Sold | $715,000 | 4 | 3 | 1,777 | $402 | 0.8 mi |
G 5339 Lindley Unit 207 Pending | $699,000 List Price | 3 | 3 | 2,121 | $330 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated and lacks a recent comprehensive renovation. While it features hardwood floors and recessed lighting, the presence of popcorn ceilings, original-style cabinetry, and dated tile countertops in the bathrooms/wet bar area align with the 'Fair' criteria for homes over 20 years old needing cosmetic updates.
At 2,140 sq ft, this townhome offers an exceptionally large footprint for a two-bedroom unit, featuring a dramatic two-story formal living room and dual primary en-suites with walk-in closets.
The gated community provides a high-end living experience with lush landscaping, a pool, spa, and ample guest parking, complemented by the unit's private patio and garden views.
Ideally situated in Tarzana, the property offers excellent proximity to premium grocery stores like Gelson’s and Trader Joe’s, as well as a variety of local dining and entertainment options.
The property features a substantial monthly HOA fee of $725 and an undisclosed special assessment, which may impact buyer affordability and overall monthly overhead.
The assigned local public schools for this address carry lower to average ratings (3-4), which may be a drawback for families prioritizing high-performing educational districts.
Incredible Resort-Style living in a decent-sized, 2,140 sq ft TownHome w split floor plan. Features include 2-Story formal living room w fireplace, Dining, Family room, and powder room. A wet bar & powder room on the main level; 2nd floor offers 2 spacious en-suites w a large walking closet & bathroom in each bedroom. Recessed lighting throughout. Hardwood flooring on the 1st floor & carpet upstairs; 2-car garage, plenty of storage space, washer & dryer in the garage; Townhome w a private patio and garden view. This gated community offers a pool, spa, beautiful mature trees all around, lush landscaping w sitting area, and plenty of guest parking, proximity to Gelson's, Trader Joe's, and many restaurants. There is a special assessment that is negotiable.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,140 | 1,040 | 95% |
| Lot Size | 82,068 | 218,436 | 22% |
| Price | $739.0K | $413.9K | 93% |
| Price per sq ft | $345 | $403 | 27% |
| Built year | 1985 | 1973 | 85% |
| HOA | $725.0 | $570 | 88% |
| Days on market | 21 | 145 | 2% |
May 26, 2026
$739,000
Initial Listing
Oct 25, 2016
$535,000
Public Record