18143 Erik Court 235, Canyon Country, California 91387, Canyon Country, 91387 - 2 bed, 2 bath
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Canyon Country, California 91387
This Princessa Estates condo presents a High-Potential Investment Opportunity with a List Price of $360,000—positioned slightly above the $352,841 Fair Market Value. While the property requires cosmetic updates, it features Updated Essential Systems including newer HVAC and a Granite Kitchen. With a Condition Rating of 4, this unit offers a functional 2-bedroom layout with a private balcony and community pool access. This asset is ideal for Buy-and-Hold Investors seeking rental demand or first-time buyers looking to build equity through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18143 Erik Court 235 Subject | $360,000* List Price | 2 | 2 | 960 | $368 | - |
A 18117 Erik Court 413 Sold | $356,200 | 3 | 2 | 1,008 | $353 | 0.1 mi |
B 18110 Erik Court 592 Sold | $459,000 | 2 | 2 | 1,119 | $410 | 0.1 mi |
C 18193 Sundowner Way 816 Sold | $321,000 | 2 | 2 | 964 | $333 | 1.0 mi |
D 18119 Sundowner Sold | $389,000 | 3 | 2 | 948 | $410 | 0.9 mi |
E 18111 Erik Court 441 Pending | $465,000 List Price | 3 | 2 | 1,008 | $461 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (35 years old), the property is described as a 'blank canvas' requiring 'decorating vision,' which typically indicates dated finishes. While the HVAC, water heater, and dishwasher are newer and the kitchen has granite counters, the overall age and need for cosmetic updates align with the fair criteria.
The property features a newer air conditioning unit, heater, water heater, and dishwasher, providing significant value and reducing immediate maintenance costs for the new owner.
The kitchen is equipped with granite countertops and a breakfast bar, while the 960 sqft floor plan offers a desirable 2-bedroom, 2-bathroom configuration with a primary ensuite.
Includes a two-car tandem garage located just steps from the unit, along with community access to a pool and spa and close proximity to the 14 freeway and local shopping.
Marketed as a 'blank canvas,' the property requires a decorating vision and investment in flooring and modern finishes to reach its full market potential.
The monthly association fee of $540 is relatively high for a condo of this size, which may impact the debt-to-income ratio and overall affordability for some buyers.
Bring your Decorating Vision and Creativity to this 2 bedroom 2 bathroom Princessa Estates Condo. This is a blank canvas all painted white with great potential featuring an open living room with cozy fireplace and glass sliding door leading to a private balcony. The kitchen offers granite counters, breakfast counter and plenty of cabinet space. There is a newer dishwasher. There is a laundry closet area. The air conditioning, heater, and water heater are also newer. There is a primary bedroom with ensuite bath. The second bedroom is a good size with ample closet space. The HOA amenities include pool/spa and the location is close to 14 freeway, shopping and dining. The two car tandem garage is steps away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 960 | 985 |
| Lot Size | 97,034 | 102,251.5 |
| Price | $360.0K | $386.1K |
| Price per sq ft | $375 | $427 |
| Built year | 1991 | 1984 |
| HOA | $540.0 | $432 |
| Days on market | 34 | 98 |
Jun 18, 2026
$360,000
Initial Listing
Feb 9, 2024
$460,000
Public Record
Oct 22, 2021
$380,000
Public Record
Jul 16, 2012
$150,000
Public Record
Jan 9, 2008
$260,000
Public Record
May 15, 2002
$153,900
Public Record
Aug 24, 1999
$105,500
Public Record