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18406 Jovan Street, Tarzana, California 91335, Tarzana, 91335 - 5 bed, 4 bath

18406 Jovan Street, Tarzana, California 91335 home-pic-0
ACTIVE$1,599,000
18406 Jovan Street, Tarzana, California 91335
5Beds
4Baths
2,297Sqft
6,002Lot
Year Built
1950
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$696
HOA
-
Days on market
-
Sold On
-
MLS number
SR25160952
Home ConditionExcellent
Features
Patio
ViewNeighborhood, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.60M(98th), sqft - 2297(83th), beds - 5(85th), baths - 4(90th).

Discover this stunningly remodeled gem nestled on a charming street in Tarzana! This property features a beautifully updated main home offering 3 spacious bedrooms and 2 modern bathrooms across approximately 1,450 sq ft of open-concept living. Step inside to an inviting floor plan that seamlessly blends a stylish dining area, an elegant kitchen, and a comfortable living space — perfect for both relaxing and entertaining. Adding incredible value, the property also boasts a brand-new, fully permitted ADU completed in 2025. This separate 829 sq ft unit offers 2 bedrooms and 2 bathrooms, making it ideal for multi-generational living or as an excellent income-producing rental. ADU has separate electricity meter. With a combined total of roughly 2,297 sq ft, this is truly the best-priced home and ADU combination currently available in Tarzana. Don’t miss the opportunity to own this versatile and beautifully crafted property!

Price History

Date
Event
Price
07/17/25
$1,599,000
Condition Rating
Excellent
Despite being built in 1950, the property has undergone a 'stunningly remodeled' main home and features a 'brand-new, fully permitted ADU completed in 2025.' The images confirm extensive, high-quality renovations throughout, including modern kitchens with new stainless steel appliances, quartz countertops, and contemporary cabinetry. Bathrooms are updated with modern vanities, fixtures, and tiling. Flooring is consistent light wood-look throughout, and lighting consists of modern recessed and stylish pendant fixtures. The exterior is also freshly updated with new landscaping. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Income-Generating & Multi-Generational Potential: The brand-new, fully permitted ADU (2 beds/2 baths, 829 sq ft) with a separate electricity meter offers significant flexibility for rental income or accommodating extended family, adding substantial value.
Extensive Modern Remodel: The main home is a 'stunningly remodeled gem' with 'beautifully updated' interiors, 'modern bathrooms,' a 'stylish dining area,' and an 'elegant kitchen,' providing a move-in ready, contemporary living experience.
Open-Concept Living Space: The main home features an inviting open-concept floor plan that seamlessly blends living, dining, and kitchen areas, ideal for entertaining and modern lifestyles.
High Bedroom and Bathroom Count: With a combined total of 5 bedrooms and 4 bathrooms across both units, the property offers ample space and versatility for larger families or those needing extra rooms.
Exceptional Value Proposition: The property is highlighted as the 'best-priced home and ADU combination currently available in Tarzana,' indicating strong market competitiveness and value for the combined square footage and features.

Cons

Age of Original Structure: Despite extensive remodeling, the main home was originally built in 1950, which could imply potential for underlying older infrastructure (e.g., plumbing, electrical, foundation) that may not have been fully upgraded, leading to future maintenance considerations.
Limited Outdoor Space: The 6,002 sq ft lot, while adequate, may offer limited expansive outdoor living or recreational space, especially considering the footprint of both the main house and the ADU.
Generic View: The listed view is 'Neighborhood, Trees/Woods,' which is pleasant but lacks the premium appeal of panoramic city, mountain, or ocean views often sought in higher-end properties.

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