
Los Angeles, California 91356
This High-Potential Investment Opportunity is listed at $499,000, positioned above the $427,646 Fair Market Value. While the property requires capital for modernization, its Condition Rating of 4 and status as a rare corner unit with high ceilings provide a solid foundation for value-add renovations. The community offers premium amenities, including two pools and a spa. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing cosmetic updates to build long-term equity in a gated Tarzana enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18445 Hatteras Street 504 Subject | $499,000* List Price | 2 | 2 | 1,001 | $430 | - |
A 18408 Hatteras Street 14 Sold | $395,000 | 2 | 2 | 923 | $428 | 0.1 mi |
B 18408 Hatteras 13 Sold | $389,950 | 2 | 2 | 928 | $420 | 0.1 mi |
C 5620 Yolanda Sold | $395,000 | 2 | 2 | 910 | $434 | 0.5 mi |
D 18547 Collins Street B23 Sold | $375,000 | 2 | 2 | 966 | $388 | 0.3 mi |
E 18411 Hatteras Street 218 Active | $475,000 List Price | 2 | 2 | 964 | $493 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 40 years old. While it features some specific updates like a new washer/dryer and an updated primary bath, the listing explicitly states it is 'priced to allow room for updates,' indicating the kitchen and other systems are likely dated (>20 years). The interior appears well-maintained but requires modernization to meet current standards.
As a rare corner unit with only one shared wall and high ceilings, this property offers a level of privacy and quietude seldom found in condominium living.
The south and west-facing windows, paired with an open floor plan and pool views, ensure the home remains bright and sun-filled throughout the day.
Located in a private, gated community of fewer than 50 homes, the property includes two reserved parking spaces and access to two pools, a spa, and a greenbelt.
The property is explicitly priced to allow for updates, suggesting that the kitchen and secondary living areas likely require additional capital investment to meet modern standards.
At approximately $571 per month, the association fee is relatively high for a 1,000-square-foot unit, which may impact monthly affordability for budget-conscious buyers.
Rare corner unit in a private, gated Tarzana community of fewer than 50 homes, offering tons of natural light, high ceilings, and an open floor plan with only one shared wall. The living room features a gas fireplace, a huge storage closet, and sparkling pool views, while the spacious dining area flows into a charming kitchen with abundant cabinet and counter space. Just off the dining room, a private balcony offers great outdoor space. Up a couple stairs, you'll find a bright primary suite with an updated en-suite bath and large closet, along with a large guest bedroom next to the full hall bath. A brand-new full-size front-load washer/dryer sits conveniently in the upstairs hallway, and south/west-facing windows keep the whole home sun-filled throughout the day. Two separate reserved parking spaces, one covered, add everyday convenience, and the HOA includes two pools, a spa, a greenbelt, and a BBQ area. HOA fee includes a temporary assessment of $80 additional ($570.93 total). HOA fee without assessment is $489. Priced to allow room for updates, this is a great opportunity to make it your own!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,001 | 1,219.385 |
| Lot Size | 87,205 | 27,236.074 |
| Price | $499.0K | $800.2K |
| Price per sq ft | $499 | $650 |
| Built year | 1979 | 1979 |
| HOA | $570.93 | $685 |
| Days on market | 42 | 72 |
Jul 29, 2026
$499,000
Initial Listing
Dec 28, 2023
$532,500
Public Record
Sep 7, 2010
$245,000
Public Record