
Tarzana, California 91356
This Condominium presents a High-Potential Investment Opportunity with a List Price of $429,000—positioned well above the $370,317 Fair Market Value by -15%. While the property requires cosmetic updates given its Fair Condition Rating, it features a new A/C system and a tranquil, park-like setting with pool and spa access. Located near Ventura Boulevard, this unit offers significant rental demand for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Tarzana location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18350 Hatteras Street 267 Subject | $429,000* List Price | 2 | 2 | 870 | $426 | - |
A 18408 Hatteras Street 14 Sold | $395,000 | 2 | 2 | 923 | $428 | 0.1 mi |
B 18408 Hatteras 13 Sold | $389,950 | 2 | 2 | 928 | $420 | 0.1 mi |
C 18350 Hatteras Street 277 Sold | $410,000 | 3 | 2 | 1,050 | $390 | 0.0 mi |
D 5700 Etiwanda Avenue 248 Sold | $360,000 | 2 | 1 | 855 | $421 | 0.2 mi |
E 5620 Yolanda Avenue 111 Sold | $340,000 | 2 | 2 | 965 | $352 | 0.5 mi |
F 5644 Yolanda Avenue 3 Sold | $359,000 | 2 | 1 | 793 | $453 | 0.5 mi |
G 18601 Collins Street D17 Sold | $367,000 | 2 | 2 | 979 | $375 | 0.3 mi |
H 18555 Collins Street C18 Sold | $392,500 | 2 | 2 | 955 | $411 | 0.3 mi |
I 18316 Hatteras Active | $395,000 List Price | 2 | 2 | 929 | $425 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1972 (50+ years old) and while the description notes it is 'move-in ready' with a new A/C system, the kitchen and baths are described as 'functional' and 'practical,' indicating they are likely dated. Visuals show older mirrored closet doors and basic finishes, placing it in the 'Fair' category as it is functional but requires cosmetic updates to meet modern standards.
Situated in the heart of Tarzana near Ventura Boulevard, the property offers exceptional walkability and access to shopping, dining, Tarzana Hospital, and major freeways.
The unit boasts vaulted ceilings and an open-concept layout that maximizes natural light, complemented by a brand-new A/C system for immediate comfort and value.
Located in a quiet interior spot within a gated community, the home provides a peaceful, park-like atmosphere with mature trees and comprehensive amenities including a pool and spa.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =234363, other record lot size in square feet = 234290.
The monthly HOA fee of $516.02 is a significant recurring cost that may deter budget-conscious buyers or impact financing qualifications.
With a construction date of 1972, the building may require more frequent maintenance or future capital improvements compared to newer condominium complexes.
MOTIVATED SELLER! GREAT OPPORTUNITY IN THE HEART OF TARZANA! Welcome to this bright and inviting 2-bedroom, 2-bath condominium offering approximately 870 square feet of comfortable living space in one of Tarzana's desirable gated communities. Ideally located on the second floor in a quiet interior location, the home is surrounded by mature trees, creating a peaceful, park-like setting with added privacy. The open-concept floor plan features vaulted ceilings, large windows, and sliding glass doors that fill the home with natural light and open to a private balcony—perfect for relaxing and enjoying the tranquil surroundings. Clean and move-in ready, this home also features a new A/C system, offering added comfort and peace of mind. The functional kitchen offers ample cabinetry, generous pantry space, and a practical layout. The primary suite features an en-suite bathroom and a spacious mirrored closet, while the second bedroom and bath provide flexibility for guests, a home office, or roommates. Community amenities include a pool, spa, recreation room, and playgrounds. Conveniently located near Ventura Boulevard, Tarzana Hospital, shopping, restaurants, houses of worship, parks, public transportation, and easy freeway access. An outstanding opportunity for first-time buyers, downsizers, or investors seeking value in a prime Tarzana location. Some furnishings may be included.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 870 | 1,126.5 |
| Lot Size | 234,363 | 138,492.5 |
| Price | $429.0K | $430.4K |
| Price per sq ft | $493 | $406 |
| Built year | 1972 | 1975 |
| HOA | $516.02 | $640 |
| Days on market | 7 | 66 |
Jul 15, 2026
$429,000
Initial Listing
Oct 26, 2005
$321,000
Public Record