18530 Hatteras Street 212, Tarzana, California 91356, Tarzana, 91356 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$215,000$855/sqft
18530 Hatteras Street 212, Tarzana, California 91356
2Beds
2Baths
855Sqft
84,768Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Dual Suite Configuration: The 'Dual Suite' layout provides maximum privacy and flexibility, with each bedroom functioning as a primary retreat complete with an en-suite bath.
Top Cons:
Extensive Renovation Required: The property is marketed as needing a 'full renovation,' indicating a significant financial and time commitment for the prospective buyer.
Compared to the nearby listings
Price:$215.0K vs avg $460.0K ($-245,000)3%
Size:855 sqft vs avg 1,133 sqft17%
Price/sqft:$251 vs avg $4153%
More Insights
Built in 1978 (48 years old).
Condition: Built in 1978, this condo is explicitly described as 'awaiting a full renovation' and a 'diamond in the rough.' The images confirm this, showing a severely outdated kitchen with tile countertops, old appliances, and dated cabinets. Bathrooms feature original-era vanities and shower enclosures. The flooring consists of worn and stained carpet throughout, and light fixtures are old. The property requires substantial repairs and rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Year Built
1978
Close
-
List price
$215K
Original List price
$280K
Price/Sqft
$251
HOA
$480
Days on market
-
Sold On
-
MLS number
SR25279277
Home ConditionPoor
Features
Pool
Spa
View-
About this home
Unlock the potential of this spacious 2-bed, 2-bath condo in this Tarzana community. Unit 212 features an expansive open-concept living area that flows seamlessly, perfect for modernizing into a contemporary showpiece. The "Dual Suite" configuration provides maximum privacy, with each bedroom functioning as a primary retreat with an en-suite bath. This unit is a true diamond in the rough, awaiting a full renovation to bring it back to its glory. Whether you are looking for a creative project or a strategic investment, the location and floor plan provide a solid foundation for a high-end finish.
J
Joseph Rudd
Listing Agent
Price History
Date
Event
Price
05/16/96
Sold
$59,000
08/25/06
Sold
$311,000
Condition Rating
Poor
Built in 1978, this condo is explicitly described as 'awaiting a full renovation' and a 'diamond in the rough.' The images confirm this, showing a severely outdated kitchen with tile countertops, old appliances, and dated cabinets. Bathrooms feature original-era vanities and shower enclosures. The flooring consists of worn and stained carpet throughout, and light fixtures are old. The property requires substantial repairs and rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Dual Suite Configuration: The 'Dual Suite' layout provides maximum privacy and flexibility, with each bedroom functioning as a primary retreat complete with an en-suite bath.
Significant Renovation Potential: Explicitly described as a 'diamond in the rough' awaiting a full renovation, this property offers a unique opportunity for customization and value addition.
Expansive Open-Concept Layout: The spacious open-concept living area provides a modern and flexible foundation, ideal for transforming into a contemporary showpiece.
Strategic Investment Opportunity: With its potential for a high-end finish and recent price reductions, the unit presents an attractive opportunity for investors or those seeking a creative project.
Desirable Tarzana Location: Located in a sought-after Tarzana community, the property benefits from a strong geographical foundation for future appreciation and access to local amenities.
Cons
Extensive Renovation Required: The property is marketed as needing a 'full renovation,' indicating a significant financial and time commitment for the prospective buyer.
Dated Building Age: Built in 1978, the building and unit may feature outdated infrastructure, systems, and common area aesthetics that could require substantial updates.
Lack of Scenic Views: The property details indicate 'None' for views, which may be a drawback for buyers prioritizing scenic outlooks from their home.