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18350 Hatteras Street 248, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath

18350 Hatteras Street 248, Tarzana, California 91356 home-pic-0
ACTIVE UNDER CONTRACT$485,000
18350 Hatteras Street 248, Tarzana, California 91356
3Beds
2Baths
1,030Sqft
234,363Lot
Year Built
1972
Close
-
List price
$485K
Original List price
$515K
Price/Sqft
$471
HOA
$586.74
Days on market
-
Sold On
-
MLS number
24412527
Home ConditionGood
Features
Patio
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $485.0K(50th), sqft - 1030(43th), beds - 3(54th), baths - 2(50th).

Resort-style living in the gated Tara Village Condominium complex with park-like grounds! Tastefully designed 3 bedrooms & 2-bathroom offers a bright and airy open floor plan includes a foyer, spacious living room and adjoining dining space with sliding glass doors leading to a private patio. Large master bedroom bathroom with shower. Additional bonus amenities include laminate floors throughout, washer/dryer hook ups inside unit, central AC/Heat and 2 parking spaces tandem. Association amenities include heated pool, spa, sauna, kid s playground, gym, BBQ area, and rec. room. HOA dues cover water, gas, trash and sewer. Close proximity to shops, restaurants, bars and with quick access to the 101 freeway. Fantastic opportunity! Owner plans on doing 1031 exchange at no cost to buyer.

Nearby schools

3/10
Tarzana Elementary School
Public,•K-5•0.8mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•0.9mi
6/10
Newcastle Elementary School
Public,•K-5•1.0mi
8/10
Lanai Road Elementary School
Public,•K-5•3.0mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.8mi
5/10
William Mulholland Middle School
Public,•6-8•1.9mi
3/10
William Mulholland Middle School
Public,•6-8•1.9mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.0mi
4/10
Reseda Senior High School
Public,•9-12•0.9mi
Condition Rating
Good
The property, built in 1972, has undergone significant interior updates, including laminate flooring throughout, a modern kitchen with stainless steel appliances, and updated bathrooms. These renovations appear to have been completed within the last 5-15 years, making the unit move-in ready with a contemporary aesthetic. Major systems like central AC/Heat are functional, and there are no immediate renovation needs, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Resort-Style Amenities: The gated Tara Village Condominium complex offers extensive resort-style amenities including a heated pool, spa, sauna, gym, kid's playground, BBQ area, and recreation room, enhancing the living experience.
Inclusive HOA Benefits: Monthly HOA dues are comprehensive, covering essential utilities such as water, gas, trash, and sewer, which simplifies budgeting and adds significant value for residents.
Prime Location & Accessibility: The property boasts a highly convenient location with close proximity to shops, restaurants, and bars, along with quick and easy access to the 101 freeway.
In-Unit Modern Conveniences: The unit is equipped with central AC/Heat, in-unit washer/dryer hookups, and two tandem parking spaces, providing essential comfort and practicality for daily living.
Tasteful Interior Design: Featuring a bright and airy open floor plan with laminate flooring throughout and a private patio, the interior offers a tastefully designed and inviting living space.

Cons

Building Age: Constructed in 1972, the building is over 50 years old, which may suggest aging infrastructure or the potential for future maintenance needs and special assessments.
High Monthly HOA Dues: Despite covering utilities, the association fee of $586.74 per month is substantial and represents a significant ongoing cost that could impact affordability for potential buyers.
Recent Price Reduction: The property has undergone a price reduction from its original list price, which may indicate initial overpricing or market resistance, potentially affecting its perceived value.

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