18350 Hatteras 123, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath
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Tarzana, California 91356
This spacious end-unit condominium represents a High-Potential Investment Opportunity, listed at $359,000—positioned well below the $407,188 Fair Market Value by 11%. This valuation gap provides $48,188 in Instant Equity for motivated buyers. While the property maintains a Condition Score of 4 with fresh paint and laminate flooring, the outdated kitchen and bathrooms offer a clear path for forced appreciation through cosmetic updates. Residents benefit from Resort-Style Amenities and inclusive HOA dues in a prime Tarzana location. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18350 Hatteras 123 Subject | $359,000* List Price | 3 | 2 | 1,060 | $384 | - |
A 18350 Hatteras Street 277 Sold | $410,000 | 3 | 2 | 1,050 | $390 | 0.0 mi |
B 18350 Hatteras Street 248 Sold | $310,000 | 3 | 2 | 1,030 | $301 | 0.0 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 | 0.3 mi |
E 18645 Hatteras Street 150 Sold | $410,000 | 2 | 2 | 982 | $418 | 0.4 mi |
F 18307 Burbank Boulevard 223 Sold | $413,900 | 2 | 2 | 962 | $430 | 0.3 mi |
G 18350 Hatteras 123 Active | $379,000 List Price | 3 | 2 | 1,060 | $358 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with fresh paint and updated laminate flooring throughout. However, the kitchen and bathrooms are significantly outdated, featuring older white appliances and wood-edged laminate countertops typical of a renovation from 20+ years ago. While functional and clean, the core styles and fixtures do not meet the standards for a 'Good' rating.
The Tara Village complex offers a comprehensive lifestyle package including a pool, sauna, gym, playground, and multiple BBQ areas, providing high value for residents.
Ideally situated in the heart of Tarzana, the property provides convenient access to Ventura Boulevard's shopping and dining, local parks, and major freeway corridors.
The association fees cover essential utilities such as water, gas, trash, and sewer, offering a simplified and predictable monthly budget for the homeowner.
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.
At $704 per month, the association dues are relatively high, which may impact buyer affordability and debt-to-income ratios during the financing process.
The assigned two-car parking is configured in a tandem layout, which can be inconvenient for multi-driver households requiring frequent vehicle coordination.
Big Price Reduction! Sellers wants it gone! 3 bedroom and 2 bath end unit in Tarzana! Welcome to Tara Village Condominium Complex. Freshly painted throughout! Large living room with tons of natural light. Open floor plan that flows from the living room to the kitchen. Bright kitchen with white cabinetry. Generous primary suite with attached bath and lots of closet space. Balcony off of the living room. Two car assigned tandem parking. Amenities include a playground, pool, sauna, gym, 3 association charcoal BBQ areas, and a recreation room. HOA dues cover water, gas, trash and sewer. Great location in the heart of Tarzana with easy access to Ventura Blvd, shopping, dining parks, freeways and much more.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,060 | 1,040 | 54% |
| Lot Size | 234,363 | 210,842 | 62% |
| Price | $359.0K | $435.0K | 27% |
| Price per sq ft | $339 | $411 | 19% |
| Built year | 1972 | 1973 | 41% |
| HOA | $704.0 | $546 | 81% |
| Days on market | 21 | 173 | 3% |
Apr 1, 2026
$359,000
Initial Listing
Sep 19, 2008
$230,000
Public Record
Sep 12, 2006
$385,000
Public Record