
Los Angeles, California 91356
This High-Potential Investment Opportunity is a Turnkey Condominium listed at $260,000—positioned well below the $304,159 Fair Market Value by 14%. This valuation gap offers $44,159 in Instant Equity for cash-ready buyers. Featuring a Mint Condition Rating with modern kitchen finishes and central HVAC, this top-floor corner unit provides significant privacy and mountain views. Despite the court-ordered receivership, the property remains a compelling asset for Cash-Only Investors or Value-Focused Buyers seeking immediate rental potential in Tarzana.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18530 Hatteras 333 Subject | $260,000* List Price | 2 | 2 | 898 | $339 | - |
A 18620 Hatteras 266 Sold | $307,777 | 2 | 2 | 911 | $338 | 0.2 mi |
B 18530 Hatteras 276 Active | $328,500 List Price | 2 | 2 | 896 | $367 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The unit features a very recent, high-end remodel (likely <5 years) with a modern kitchen including shaker cabinets, stone countertops, and gold hardware. Bathrooms are fully updated with contemporary tile and fixtures, and the unit includes central HVAC and recessed lighting, meeting the criteria for mint, turnkey condition.
This fully remodeled corner unit is situated on the top floor with no neighbors above, offering a move-in-ready interior with enhanced privacy and natural light.
Priced significantly below market averages for a 2-bedroom in Tarzana, this property offers substantial equity potential for investors or buyers with liquid capital.
The gated community provides comprehensive features including central A/C, a pool, spa, clubhouse, and private balcony with mountain views, covering essential utilities in the HOA.
The property is strictly limited to cash buyers only, which eliminates the possibility of traditional mortgage financing and narrows the pool of potential purchasers.
The community is currently under court-ordered receivership and carries a $259 monthly special assessment, signaling significant underlying management or financial distress.
<<<<CASH ONLY>>> CASH BUYERS ONLY>>>.....Community is in a court ordered receivership. Special court assessment is $259 a month................ Turnkey/remodeled condominium in the heart of Tarzana. 2 bedrooms, 2 baths with an open floor plan. Top floor with no neighbors above you, corner unit with Central A/C. This extremely bright and light unit overlooks the neighborhood. Large sized bedrooms offer spacious closets. Enjoy your morning coffee at you private balcony. HOA includes your pool/spa maintenance, Outdoor BBQ area and clubhouse, water, trash, sewer, building maintenance. Your pets are welcomed in this community (with rules). The building offers laundry rooms on each floor, elevators, gated community for added security. Priced to sell!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 898 | 1,243 |
| Lot Size | 84,802 | 24,016 |
| Price | $260.0K | $805.6K |
| Price per sq ft | $290 | $659 |
| Built year | 1978 | 1981 |
| HOA | $400.0 | $684 |
| Days on market | 14 | 71 |
Jul 8, 2026
$260,000
Initial Listing
Sep 3, 2015
$240,000
Public Record
Jul 24, 2001
$115,000
Public Record