
Los Angeles, California 91356
This Condominium presents a High-Potential Investment Opportunity with a List Price of $489,000—positioned well above the $419,742 Fair Market Value by -16%. While the property requires capital for modernization, its Condition Rating of 4 and rare corner-unit layout with high ceilings provide a solid foundation for value-add renovations. Featuring two pools, a spa, and a private balcony, this asset offers significant lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18445 Hatteras Street 504 Subject 2 bd · 2 ba · 1,001 sqft · $419 | $489,000* List Price | 2 | 2 | 1,001 | $419 | - |
A 18408 Hatteras 13 Sold 2 bd · 2 ba · 928 sqft · $420 · 0.1 mi | $389,950 | 2 | 2 | 928 | $420 | 0.1 mi |
B 5620 Yolanda Sold 2 bd · 2 ba · 910 sqft · $434 · 0.5 mi | $395,000 | 2 | 2 | 910 | $434 | 0.5 mi |
C 18408 Hatteras Street 14 Sold 2 bd · 2 ba · 923 sqft · $428 · 0.1 mi | $395,000 | 2 | 2 | 923 | $428 | 0.1 mi |
D 18411 Hatteras Street 218 Active 2 bd · 2 ba · 964 sqft · $466 · 0.1 mi | $449,000 List Price | 2 | 2 | 964 | $466 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and features a mix of partial updates, such as a newer bathroom vanity and a brand-new washer/dryer, alongside dated elements like the shower tiling. The listing explicitly states it is priced to allow room for updates, and the main living photo is digitally rendered, indicating the home needs minor cosmetic updates and repairs to be fully modernized.
As a rare corner unit with only one shared wall and high ceilings, this home offers enhanced privacy and a spacious, airy feel typically found in larger residences.
The south and west-facing windows ensure the living spaces remain sun-filled throughout the day, complemented by pleasant views of the community pool.
Residents benefit from a secure gated environment featuring two pools, a spa, and two dedicated parking spaces, providing both luxury and practical convenience.
The property is priced to reflect its current condition, indicating that buyers will likely need to invest in modernizing the kitchen and other finishes to reach its full potential.
The monthly HOA fee includes a temporary assessment, bringing the total to $570.93, which may impact the monthly carrying costs 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 | 1,252.996 |
| Lot Size | 87,205 | 26,029.603 |
| Price | $489.0K | $778.5K |
| Price per sq ft | $489 | $629 |
| Built year | 1979 | 1981 |
| HOA | $570.93 | $676 |
| Days on market | 48 | 74 |
Sep 22, 2026
$489,000
Initial Listing
Dec 28, 2023
$532,500
Public Record
Sep 7, 2010
$245,000
Public Record