
Tarzana, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned above the $797,576 Fair Market Value by -12%. While the property requires significant capital expenditure due to its Condition Rating of 5, the 6,002 sqft lot and existing swimming pool and wooden deck provide a solid foundation for value-add renovations. The home’s original 1950s layout offers a blank canvas for structural modernization. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior and systems overhaul.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18413 Delano Subject | $899,000* List Price | 3 | 1 | 1,051 | $759 | - |
A 19040 Friar Sold | $800,000 | 3 | 2 | 1,151 | $695 | 0.8 mi |
B 19132 Friar Pending | $745,000 List Price | 3 | 2 | 1,151 | $647 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and on the market for the first time in 55 years, the home is in mostly original condition. With popcorn ceilings, dated wood paneling, and original hardwood floors, the property requires a full rehab of the kitchen, bath, and major systems (HVAC/Electric) to meet modern standards.
The property features a large swimming pool and a wooden deck, offering a ready-made space for outdoor relaxation and entertaining in the Southern California climate.
Offered for the first time in over 55 years, this property presents a rare opportunity for investors or homeowners to remodel or build a custom dream home in a prime location.
Situated in a sought-after neighborhood, the home provides convenient access to local shopping, dining, parks, and schools, ensuring long-term value and lifestyle appeal.
With only one bathroom serving three bedrooms, the layout may be inconvenient for modern families and could require a costly addition or reconfiguration.
Having been held by the same owner for over five decades, the home likely requires significant cosmetic and structural updates to meet contemporary standards.
First time on the market in over 55 years! Exceptional opportunity in the heart of Tarzana. This charming 3-bedroom, 1-bath home sits on a spacious lot featuring a large swimming pool with a wooden deck, perfect for entertaining and enjoying the Southern California lifestyle. Filled with character and endless potential, this well-loved property offers the ideal opportunity to move in, remodel, or create your dream home. Located in a highly desirable neighborhood near shopping, dining, parks, and schools, this is a rare chance to own a true Tarzana gem.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 1,051 | 1,475 | 11% |
| Lot Size | 6,002 | 6,614 | 16% |
| Price | $899.0K | $841.0K | 68% |
| Price per sq ft | $855 | $590 | 93% |
| Built year | 1950 | 1952 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 131 | 3% |
May 19, 2026
$899,000
Initial Listing