18307 Burbank 5, Tarzana, California 91356, Tarzana, 91356 - 1 bed, 1 bath
18307 Burbank 5
Tarzana, California 91356
Property Price
SUMMARY
Analysis of 18307 Burbank 5, Tarzana, California 91356 is currently available with a list price of $385,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring modern wide-plank flooring, recessed lighting, and a fully updated kitchen with stainless steel appliances and stone countertops. The bathroom has been modernized with contemporary finishes, and the overall interior quality meets current market standards for a move-in-ready, high-end unit despite the 1970 original build date.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The unit features contemporary wide-plank flooring, recessed lighting, and a renovated bathroom, offering a move-in-ready experience for buyers seeking a stylish aesthetic.
- Resort-Style Amenities
Residents have access to a sparkling pool and spa within the community, providing a luxury lifestyle and relaxation space that enhances the property's appeal.
- Prime Tarzana Location
Situated in a highly desirable neighborhood, the property offers excellent proximity to major freeways, shopping, dining, and parks, ensuring maximum convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =235933, other record lot size in square feet = 235548.
- High Association Fees
The monthly HOA fee of $493 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly carrying costs for potential owners.
- Building Age
Constructed in 1970, the building may require more frequent maintenance or future capital improvements to common areas compared to newer developments.
About 18307 Burbank 5
A beautifully updated 1-bedroom, 1-bathroom condo offering comfort, style, and convenience in a prime location. This light-filled residence features wide-plank flooring, recessed lighting, and a modern open layout that creates an inviting atmosphere. The spacious living area flows seamlessly into the dining space, framed by large windows that bring in natural light and lush greenery. A private balcony provides the perfect setting for morning coffee or evening relaxation. The well-appointed kitchen opens comfortably to the dining room, ideal for everyday living and entertaining. The generously sized bedroom offers a peaceful retreat, complemented by a thoughtfully updated bathroom with contemporary finishes. Community amenities include a sparkling pool and spa, creating a resort-style setting to relax and enjoy Southern California living year-round. Conveniently located near shopping, dining, parks, and major freeways in desirable Tarzana, this home offers an exceptional opportunity to enjoy both comfort and convenience in a sought-after neighborhood.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 235,933 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $493.0 / Month
Neighborhood Insights
Tarzana Unified Schools
Gaspar De Portola Middle School
Grades 6-8 • 0.7 mi
Reseda Senior High School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 707 | 1,015.5 | 18% |
| Lot Size | 235,933 | 230,148 | 62% |
| Price | $385.0K | $419.4K | 29% |
| Price per sq ft | $545 | $416 | 91% |
| Built year | 1970 | 1973 | 44% |
| HOA | $493.0 | $510 | 41% |
| Days on market | 11 | 190 | 3% |
Pricing History
Listed for Sale
Feb 23, 2026
$385,000
Initial Listing
Sold
Mar 21, 2023
$385,000
Public Record
Sold
May 26, 2020
$279,000
Public Record
Sold
Sep 27, 2011
$110,000
Public Record