18423 Linnet, Tarzana, California 91356, Tarzana, 91356 - 7 bed, 8 bath

18423 Linnet, Tarzana, California 91356 home-pic-0

18423 Linnet

Tarzana, California 91356

ACTIVE
CONDITION: GOOD
7Beds
8Baths
5,358Sq Ft
16,335Lot Size

Property Price

LIST PRICE$3,395,000
EST. MARKET VALUE
$3,236,541
4% AboveMARKET VALUE

SUMMARY

Analysis of 18423 Linnet, Tarzana, California 91356 reveals a property with a current list price of $3,395,000, which is 4% above the estimated $3,236,541 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Tarzana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,236,541
Based on Realkey algorithm analyzing recent comparable sales in Tarzana.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
18423 Linnet
Subject
$3,395,000*
List Price
785,358$604-
A
18414 Corazon Circle
Sold
$3,300,000676,000$5500.4 mi
B
5128 Avenida Hacienda
Active
$3,150,000
List Price
544,537$6940.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is a well-maintained, move-in ready estate that has clearly undergone significant renovations since its 1952 construction, likely within the 10-20 year range. The chef's kosher kitchen features high-end stainless steel appliances and custom cabinetry, while the bathrooms include updated fixtures like soaking tubs and frameless glass showers. While the interior finishes—such as the wood tones, tile work, and built-in bar—show signs of being stylistically outdated compared to current modern luxury standards, the overall quality, functional systems, and the presence of a large, fully-equipped guest house justify a 'good' rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Substantial Guest House

    The property features a massive 1,430-square-foot detached guest house with two bedrooms, 2.5 bathrooms, and a full kitchen, offering rare versatility for multi-generational living or rental income.

  • Expansive Resort-Style Grounds

    Set on a nearly 16,400-square-foot lot, the estate offers a park-like atmosphere with a pool, spa, and mature fruit trees, providing exceptional privacy and outdoor entertaining space.

  • Versatile Large-Scale Layout

    With over 5,300 square feet of living space and seven total bedrooms, the home includes a chef’s kosher kitchen and multiple en-suite bedrooms, making it ideal for large families or hosting guests.

CONSRISKS & DEFICIENCIES

  • Modernization Required

    The property is marketed as an opportunity to 'elevate and personalize,' suggesting that the 1952-built residence likely requires significant cosmetic or structural updates to meet modern luxury standards.

  • Underperforming Local Schools

    The assigned public schools, including Tarzana Elementary and Reseda Senior High, have lower performance ratings, which may be a concern for families prioritizing high-ranking educational districts.

About 18423 Linnet

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1952
Lot Size
16,335 Sq. Ft.

Interior

Total Bedrooms
7
Total Bathrooms
8 (8 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Tarzana Unified Schools

Tarzana Elementary School

Grades K-5 • 0.9 mi

3/10

Vanalden Avenue Elementary School

Grades K-5 • 1.3 mi

3/10

Newcastle Elementary School

Grades K-5 • 1.7 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds7.04.0
99%
Baths8.04.0
95%
Square foot5,3582,902
88%
Lot Size16,33516,870
48%
Price$3.40M$1.80M
88%
Price per sq ft$634$661
38%
Built year19521964
29%
HOA$0$0
50%
Days on market8162
1%

Pricing History

Listed for Sale

Feb 26, 2026

$3,395,000

Initial Listing

Sold

Mar 4, 2014

$815,000

Public Record

Sold

May 30, 2012

$900,000

Public Record

Sold

Dec 6, 2011

$815,000

Public Record

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