18307 Burbank Boulevard 336, Tarzana, California 91356, Tarzana, 91356 - bed, 1 bath
18307 Burbank Boulevard 336
Tarzana, California 91356
Property Price
SUMMARY
Analysis of 18307 Burbank Boulevard 336, Tarzana, California 91356 is currently available with a list price of $299,000. 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.
The property was built in 1970, making it over 50 years old. While described as 'move-in ready' and appearing clean with fresh paint and carpet, the kitchen and bathroom show significant signs of being outdated. The kitchen features dark green, flat-panel cabinets, older white appliances, and a basic white laminate countertop, though it has a more modern subway tile backsplash. The bathroom also has matching green cabinets and an older tub with frosted sliding doors. The unit relies on a wall-mounted AC unit, indicating an older cooling system. These elements suggest the property is aged but maintained, with renovations likely dating back 15-30 years, fitting the 'fair' category where major components are functional but show signs of being outdated and would benefit from minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Gated Community & Security
The property is located within Villa Lorena, a secure gated complex, with HOA fees covering security, providing residents with enhanced safety and peace of mind.
- Extensive Resort-Style Amenities
Residents can enjoy a range of resort-style amenities including lush landscaped paths, a sparkling pool, multiple jacuzzis, and a community recreation room, enhancing lifestyle and property appeal.
- Move-in Ready Condition
The studio unit is described as 'move-in ready,' suggesting it requires no immediate renovations or updates, offering convenience for new owners.
CONSRISKS & DEFICIENCIES
- Compact Studio Layout
With only 429 sqft, the studio unit offers limited living space, which may not accommodate all buyer needs or preferences for larger accommodations.
- High Monthly HOA Dues
The $407 monthly association fee is substantial for a studio unit, potentially impacting the overall affordability and long-term cost of ownership for buyers.
- Building Age
Constructed in 1970, the building is over 50 years old, which could raise concerns about aging infrastructure, potential for future maintenance issues, or special assessments.
About 18307 Burbank Boulevard 336
Welcome to Villa Lorena a gated complex in the heart of Tarzana. This studio unit is move in ready. Enjoy the resort style amenities including lush landscaped paths, a sparkling pool, multiple jacuzzis, assigned gated parking and a community recreation room. HOA fees cover earthquake insurance, grounds, security. Close to local shopping and fine dining.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 235,933 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $407.0 / 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 | - | 2.0 | 3% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 429 | 1,001 | 3% |
| Lot Size | 235,933 | 230,148 | 64% |
| Price | $299.0K | $413.9K | 6% |
| Price per sq ft | $697 | $418 | 97% |
| Built year | 1970 | 1973 | 42% |
| HOA | $407.0 | $508 | 9% |
| Days on market | 227 | 190 | 73% |
Pricing History
Listed for Sale
Nov 3, 2025
$299,000
$310,000
-4% Price Drop
Initial Listing
Price Change
Oct 20, 2025
$310,000
$320,000
-3% Price Drop
Initial Listing
Price Change
Jul 22, 2025
$320,000
Initial Listing