18423 Linnet, Tarzana, California 91356, Tarzana, 91356 - 7 bed, 8 bath
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Tarzana, California 91356
This Expansive Custom Estate with Detached Guest House is a High-Potential Investment Opportunity, listed at $3,395,000—positioned below the $3,444,133 Fair Market Value by 1%. This valuation gap provides $49,133 in Instant Equity. Featuring a Move-in Ready Condition Rating, the residence includes a rare 1,430-square-foot guest house, a resort-style pool and spa, and a chef’s kosher kitchen. While the estate offers immediate luxury, the 1952 build provides significant upside for cosmetic personalization. This is an ideal acquisition for Multi-generational Families or Owner-Occupants seeking a versatile, high-acreage sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18423 Linnet Subject | $3,150,000* List Price | 7 | 8 | 5,358 | $552 | - |
A 5128 Avenida Hacienda Active | $3,150,000 List Price | 5 | 4 | 4,537 | $694 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a modern chef's kosher kitchen with white cabinetry and high-end stainless steel appliances. While originally built in 1952, it has undergone significant updates to the flooring and major systems. The inclusion of AI-generated 'potential' remodel images indicates that while the home is functional and in good condition, some aesthetic elements remain stylistically dated compared to current luxury standards.
The property features a rare 1,430-square-foot detached guest house with a full kitchen, two bedrooms, and 2.5 bathrooms, providing significant value for multi-generational living or potential rental income.
Situated on an expansive 16,335-square-foot lot, the estate offers a private, park-like setting complete with a pool, spa, mature fruit trees, and lush landscaping that ensures maximum tranquility.
With over 5,300 square feet of living space, the main residence includes a chef’s kosher kitchen, multiple en-suite bedrooms, and a flexible main-floor office, catering to both sophisticated entertaining and practical family needs.
The description indicates an opportunity for the next owner to 'elevate and personalize,' suggesting that despite its classic elegance, the 1952-built home may require capital investment for contemporary updates.
While the area is served by the Los Angeles Unified School District, several of the closest assigned schools have lower performance ratings, which may be a drawback for education-focused buyers.
Gracefully set within a lush, garden-like setting offering exceptional privacy and tranquility, this custom-designed residence presents a rare opportunity for its next owner to elevate and personalize a truly special property. Blending classic architectural elegance with modern functionality, the home creates an ideal environment for both everyday living and refined entertaining. The main residence features 5 generously sized bedrooms and 4.5 well-appointed bathrooms. A thoughtfully designed layout includes formal living and dining rooms that provide an elegant setting for hosting. The chef’s kosher kitchen—complete with abundant cabinetry, ample prep space, and a charming breakfast nook—opens seamlessly to an expansive family room with a built-in bar, perfect for more relaxed gatherings. A versatile main-level room, currently utilized as an office, that doubles as an additional bedroom to accommodate a variety of lifestyle needs. Upstairs, four private bedroom suites offer comfort and privacy, including a primary suite featuring an oversized walk-in closet, a private balcony overlooking the grounds, and a spacious bathroom with a soaking tub and walk-in shower. Two secondary bedrooms include sitting areas and walk-in closets, ideal for extended family, guests, or flexible use, while an additional en-suite bedroom provides a welcoming retreat for visitors. The exterior grounds evoke the charm of a private estate. A picturesque brick façade accented with ivy sets the tone, while the expansive pool and spa create a resort-like atmosphere. Beyond the detached two-car garage, the property unfolds into a park-like setting with mature fruit trees and vibrant landscaping, offering a truly unique outdoor experience. At the rear of the property, a 1430-square-foot guest house provides exceptional versatility, complete with a full kitchen, living room, two bedrooms, and 2.5 bathrooms, ideal for extended family, guests, or potential income. This exceptional estate represents a rare blend of scale, character, and opportunity—offering a lifestyle defined by privacy, elegance, and enduring appeal.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 94% |
| Baths | 8.0 | 4.0 | 94% |
| Square foot | 5,358 | 2,841 | 86% |
| Lot Size | 16,335 | 17,456 | 44% |
| Price | $3.15M | $1.89M | 85% |
| Price per sq ft | $588 | $661 | 22% |
| Built year | 1952 | 1964 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 108 | 156 | 25% |
Apr 24, 2026
$3,150,000
$3,395,000
-7% Price Drop
Initial Listing
Feb 26, 2026
$3,395,000
Initial Listing
Mar 4, 2014
$815,000
Public Record
May 30, 2012
$900,000
Public Record
Dec 6, 2011
$815,000
Public Record