18316 Hatteras, Tarzana, California 91356, Tarzana, 91356 - 2 bed, 2 bath
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Tarzana, California 91356
This Value-Add Condominium Asset is listed at $425,000, representing a strategic entry point into the Tarzana market near its $399,627 Fair Market Value. Carrying a Fair Condition Rating, the property features original 1980s finishes and popcorn ceilings, presenting a clear opportunity for forced appreciation through cosmetic renovation. The unit includes highly functional features such as in-unit laundry, a primary en-suite, and community access to a pool and spa. Located within the Los Angeles Unified district with immediate 101 freeway access, this is an ideal acquisition for Fix-and-Flip Investors or first-time buyers looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18316 Hatteras Subject | $395,000* List Price | 2 | 2 | 929 | $386 | - |
A 5620 Yolanda Avenue 111 Sold | $340,000 | 2 | 2 | 965 | $352 | 0.6 mi |
B 18350 Hatteras 123 Sold | $361,000 | 3 | 2 | 1,060 | $341 | 0.1 mi |
C 18307 Burbank Boulevard 14 Sold | $446,000 | 2 | 2 | 1,040 | $429 | 0.3 mi |
D 18601 Collins Street D17 Sold | $367,000 | 2 | 2 | 979 | $375 | 0.4 mi |
E 18350 Hatteras Street 277 Sold | $410,000 | 3 | 2 | 1,050 | $390 | 0.1 mi |
F 18555 Collins Street C18 Sold | $392,500 | 2 | 2 | 955 | $411 | 0.4 mi |
G 18408 Hatteras 13 Active | $389,950 List Price | 2 | 2 | 928 | $420 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1980, is in mostly original condition with some cosmetic updates like laminate flooring and paint. However, the kitchen remains dated with 1980s-style tile countertops and painted original cabinetry. The presence of popcorn ceilings, older vinyl tile in secondary bedrooms, and the listing's own admission of deferred maintenance and the need for 'TLC' place it firmly in the fair category as a value-add opportunity.
Situated in a quiet, centralized area of Tarzana with immediate access to the 101 freeway, shopping, and dining, offering high convenience for commuters and residents.
The property is priced to reflect its need for cosmetic updates, providing a significant opportunity for investors or first-time buyers to build equity through renovation.
This unit includes highly sought-after features such as in-unit laundry, a primary en-suite bathroom, and access to community amenities like a pool and spa.
The home requires 'TLC' and updates, which will necessitate an immediate additional capital investment from the buyer upon purchase.
With an association fee of $660 per month, the recurring costs are relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
Private, tranquil condo in Tarzana: This 2-bedroom, 2-bathroom, dining room has sliding doors that open beautifully out to patio deck, residence offers a rare blend of warmth, character, and tranquility. The home showcases a vibrant, open-concept layout that stands apart from the typical all-white condo aesthetic. Set back from neighboring units, this home features an oversized, deck shaded by a magnificent mature tree. The lush canopy provides remarkable privacy while naturally cooling the space for summer days. Enjoy laminate flooring, a classic fireplace, and a seamless flow between the living and dining areas—perfect for both relaxed living and entertaining. Highlights include a spacious primary suite, in-unit laundry, and generous storage throughout. Ideally situated in a central Tarzana location, the association community offers desirable amenities including a pool and spa. Convenient access to the 101 freeway places shopping, dining, and everyday essentials just moments away. This inviting retreat is perfect for buyers seeking privacy, comfort—all within a well-located community offering strong long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 929 | 1,030 | 27% |
| Lot Size | 62,641 | 218,436 | 20% |
| Price | $395.0K | $410.0K | 49% |
| Price per sq ft | $425 | $403 | 56% |
| Built year | 1980 | 1973 | 76% |
| HOA | $660.0 | $570 | 68% |
| Days on market | 74 | 144 | 12% |
Apr 22, 2026
$395,000
$425,000
-7% Price Drop
Initial Listing
Apr 2, 2026
$425,000
Initial Listing
Dec 2, 2020
$400,000
Public Record
Jul 11, 2007
$362,500
Public Record