18307 Burbank Boulevard 86, Tarzana, California 91356, Tarzana, 91356 - 1 bed, 1 bath

18307 Burbank Boulevard 86, Tarzana, California 91356 home-pic-0
ACTIVE$390,000
18307 Burbank Boulevard 86, Tarzana, California 91356
1Bed
1Bath
724Sqft
235,933Lot
Year Built
1970
Close
-
List price
$390K
Original List price
$390K
Price/Sqft
$539
HOA
$450
Days on market
-
Sold On
-
MLS number
SR25186973
Home ConditionExcellent
Features
Pool
Spa
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $390.0K(14th), sqft - 724(14th), beds - 1(14th), baths - 1(20th).

This beautiful condominium is located in one of Tarzana’s most sought-after gated communities, Villa Lorena, and as soon as you step inside you’ll immediately recognize the owner’s true “Pride-Of-Ownership.” Here are just a few of its many other outstanding features: You’ll step into a flowing 724 square foot open concept floor plan that is in “Pristine Condition” with recessed lighting and complementary laminate flooring. The spacious living room is bathed in natural light from the sliding glass door to the private balcony, and it also has a beautiful electric Heater/fireplace. The family’s chef will appreciate the gourmet kitchen’s abundant cabinets with counter lighting, ample counters, deep basin sink with custom faucet, electric range with ventilation hood, built-in stainless steel appliances, and the convenience of the large adjoining dining area with its efficient lighted ceiling fan. Large suite with a roomy wall-to-wall mirrored closet and private balcony retreat. 1 beautifully appointed bathroom. Dual pane energy-efficient windows ensure peace and quiet while keeping utility bills low. Central air & heat for year-round comfort. 2 assigned covered parking spaces. You’re going to experience “Resort-Style-Living” enjoying the community’s lush greenbelts, sparkling pool, soothing spas, and reservable clubhouse. Great location close to Ventura Blvd, grocery stores, world-class shopping, restaurants, close to the 101 & 405 freeways, and minutes away from Balboa Park with its boating lake, golf course, off-leash dog park, and comprehensive sport amenities and activities.

Nearby schools

6/10
Gaspar De Portola Middle School
Public,6-80.7mi
4/10
Reseda Senior High School
Public,9-121.2mi

Price History

Date
Event
Price
08/19/25
Listing
$390,000
Condition Rating
Excellent

Despite being built in 1970, this condominium unit has undergone extensive and recent renovations, bringing its condition to an excellent standard. The description highlights 'Pristine Condition' and the images confirm a comprehensive modern update. The kitchen features contemporary black cabinets, light countertops, subway tile backsplash, under-cabinet lighting, and built-in black stainless steel appliances, all appearing virtually new. The bathroom is equally 'beautifully appointed' with a modern black vanity, marble-look countertop, black fixtures, and a stylish brick accent wall. Throughout the unit, there is modern laminate flooring, recessed lighting, dual-pane energy-efficient windows, and central air & heat, indicating significant system upgrades. These updates align with the criteria for an 'Excellent' score, specifically 'extensively renovated within 5 years' with components that are 'new or virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation'.
Pros & Cons

Pros

Exceptional Location & Connectivity: Strategically located near Ventura Blvd, major freeways (101 & 405), world-class shopping, dining, and recreational amenities like Balboa Park.
Resort-Style Community Living: Offers a gated community with desirable amenities including lush greenbelts, a sparkling pool, soothing spas, and a reservable clubhouse.
Turnkey & Modern Interior: Features a meticulously maintained, open-concept floor plan with recent updates such as recessed lighting, laminate flooring, a gourmet kitchen with stainless steel appliances, and dual-pane windows.
Comfort & Efficiency: Equipped with central air & heat and energy-efficient dual-pane windows, ensuring year-round comfort and potentially lower utility costs.
Convenient Parking: Includes two assigned covered parking spaces, a valuable asset for condominium living.

Cons

Limited Living Space: The 724 sqft, 1-bedroom, 1-bathroom configuration may restrict appeal to a smaller buyer pool, primarily singles or couples.
High Monthly HOA Dues: The $450 monthly association fee is substantial for a unit of this size, adding a significant recurring cost to homeownership.
Building Age: Constructed in 1970, the building's age could imply potential for future common area maintenance or special assessments, despite the unit's interior updates.

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