18242 Burbank Boulevard 8, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 3 bath
18242 Burbank Boulevard 8
Tarzana, California 91356
Property Price
SUMMARY
Analysis of 18242 Burbank Boulevard 8, Tarzana, California 91356 is currently available with a list price of $619,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tarzana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1979, this property is well-maintained and described as move-in ready, but it lacks recent comprehensive renovations. The kitchen features older cabinetry and white appliances, and the overall aesthetic—including light fixtures and bathroom styles—reflects updates likely completed 15 to 30 years ago. While functional and clean, the home shows signs of being outdated compared to current modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Tarzana Location
Situated in the heart of Tarzana, the property offers exceptional convenience with close proximity to the Tarzana Medical Center, local markets, diverse dining options, and easy freeway access.
- Generous Living Space
Boasting approximately 1,750 sq. ft., this townhouse provides a spacious and thoughtful layout featuring an open-concept main level and large bedrooms, offering more square footage than many comparable units in this price range.
- Improved Value Proposition
Following a series of strategic price reductions from the original $675,000 to $619,999, the property is now positioned more competitively, offering a strong entry point into a desirable neighborhood.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The monthly association fee of $600 is relatively high, which increases the total monthly carrying cost for the homeowner and may impact overall buyer affordability.
- Lower-Rated Local Schools
The assigned elementary and high schools carry lower performance ratings (3 and 4 respectively), which could be a significant drawback for families prioritizing top-tier educational districts.
About 18242 Burbank Boulevard 8
Welcome home to this beautiful move in ready townhouse in the heart of Tarzana. This spacious 3-bedroom, 2.5-bathroom home offers approximately 1,750 sq. ft. of comfortable living space with a thoughtful layout perfect for both everyday living and entertaining. The main level features an inviting open living and dining area with plenty of natural light, flowing seamlessly into a functional kitchen with abundant storage and counter space. Upstairs, you’ll find generously sized bedrooms, including a primary suite with ample closet space and a private bath. Additional highlights include direct access to parking, a private patio, and a well-maintained community setting. The location adds to the home’s appeal — just minutes from Tarzana Medical Center, doctors’ offices, local markets, and a wide variety of restaurants and cafes. Everyday conveniences and neighborhood favorites are right around the corner, along with quick access to major freeways. Blending comfort, space, and convenience, this Tarzana townhouse is an easy place to settle into and call home.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 23,294 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
Tarzana Unified Schools
Tarzana Elementary School
Grades K-5 • 0.9 mi
Vanalden Avenue Elementary School
Grades K-5 • 1.2 mi
Newcastle Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,750 | 1,709 | 61% |
| Lot Size | 23,294 | 126,093.5 | 17% |
| Price | $620.0K | $688.2K | 28% |
| Price per sq ft | $354 | $421 | 17% |
| Built year | 1979 | 1978 | 50% |
| HOA | $600.0 | $547 | 67% |
| Days on market | 168 | 172 | 50% |
Pricing History
Listed for Sale
Feb 12, 2026
$619,999
$630,000
-2% Price Drop
Initial Listing
Price Change
Nov 27, 2025
$630,000
$649,999
-3% Price Drop
Initial Listing
Price Change
Nov 8, 2025
$649,999
$665,000
-2% Price Drop
Initial Listing
Price Change
Oct 18, 2025
$665,000
$675,000
-1% Price Drop
Initial Listing
Price Change
Sep 19, 2025
$675,000
Initial Listing