
Tarzana, California 91356
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.
Property is moderate renovation needed.
Built in 1970, this studio is well-maintained and move-in ready but shows significant signs of age. While it features minor cosmetic updates such as a subway tile backsplash and newer bathroom fixtures, it retains dated elements like popcorn ceilings, older wall AC units, and original cabinetry that has simply been painted over.
The Villa Lorena complex offers premium community features including a sparkling pool, multiple jacuzzis, and lushly landscaped paths, providing a high-end lifestyle at an accessible price point.
Situated in the heart of Tarzana, the property boasts excellent proximity to local shopping and fine dining, making it an ideal spot for those seeking convenience and walkability.
The monthly association fees include earthquake insurance, security, and grounds maintenance, offering significant value and financial peace of mind for the homeowner.
At just 429 square feet, the studio layout offers very restricted living and storage space, which may limit its appeal to a specific niche of buyers or investors.
Built in 1970, the complex may require more frequent maintenance or future capital improvements compared to newer developments in the area.
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.
No exterior & parking available.
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 3% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 429 | 1,030 | 3% |
| Lot Size | 235,933 | 220,459 | 72% |
| Price | $299.0K | $424.4K | 8% |
| Price per sq ft | $697 | $413 | 94% |
| Built year | 1970 | 1973 | 33% |
| HOA | $407.0 | $546 | 8% |
| Days on market | 274 | 178 | 92% |
Nov 3, 2025
$299,000
$310,000
-4% Price Drop
Initial Listing
Oct 20, 2025
$310,000
$320,000
-3% Price Drop
Initial Listing
Jul 22, 2025
$320,000
Initial Listing