
Tarzana, California 91356
This condominium presents a High-Potential Investment Opportunity with a List Price of $479,000—positioned well above the $452,984 Fair Market Value by -5%. While the property requires modernization due to its Condition Rating of 4, the gated Collinwood community offers resort-style amenities including three pools and spas. The HOA provides significant value by covering earthquake insurance and utilities. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Tarzana location near Ventura Boulevard.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18601 Collins D30 Subject | $479,000* List Price | 3 | 2 | 1,178 | $385 | - |
A 18601 Collins Street D27 Sold | $458,500 | 3 | 2 | 1,248 | $367 | 0.0 mi |
B 18601 Collins Street D17 Sold | $367,000 | 2 | 2 | 979 | $375 | 0.0 mi |
C 18350 Hatteras 123 Sold | $361,000 | 3 | 2 | 1,060 | $341 | 0.3 mi |
D 18555 Collins Street C18 Sold | $392,500 | 2 | 2 | 955 | $411 | 0.0 mi |
E 5620 Yolanda Avenue 111 Sold | $340,000 | 2 | 2 | 965 | $352 | 0.2 mi |
F 18350 Hatteras Street 152 Sold | $339,000 | 3 | 2 | 1,050 | $323 | 0.3 mi |
G 18350 Hatteras Street 277 Sold | $410,000 | 3 | 2 | 1,050 | $390 | 0.3 mi |
H 18550 Hatteras Street 45 Sold | $599,000 | 3 | 3 | 1,319 | $454 | 0.1 mi |
I 5700 Etiwanda Avenue 149 Active | $469,000 List Price | 3 | 2 | 1,096 | $428 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property features a dated interior with kitchen and bathrooms that appear to be over 20 years old, characterized by older tile countertops and cabinetry. There is visible water damage or peeling on the kitchen ceiling requiring repair, and the overall unit needs modernization to meet current market standards.
The monthly HOA fee provides exceptional value by covering essential utilities like water and trash, along with cable TV and earthquake insurance, simplifying monthly budgeting and providing peace of mind.
Residents have access to extensive on-site facilities, including three swimming pools, two spas, a basketball court, and a children's play area, offering a high-quality lifestyle within a gated community.
Situated just minutes from the 101 Freeway and Ventura Boulevard, the property offers unparalleled convenience to premier shopping, dining, and entertainment hubs in the heart of Tarzana.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =258421, other record lot size in square feet = 258551.
The association fee of approximately $615 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1964, the property and building infrastructure may require more frequent maintenance or modern upgrades compared to newer residential developments.
Welcome to this inviting 3-bedroom, 2-bathroom condominium located in the desirable gated Collinwood Condominiums community in the heart of Tarzana. Situated on the second floor this spacious home offers comfortable living in a beautifully maintained setting. This unit comes with a covered parking stall and an additional uncovered stall. Residents enjoy resort-style amenities including three sparkling swimming pools, two relaxing spas, a recreation room, BBQ areas, a children's play area, and a basketball court, creating the perfect balance of recreation and convenience. The HOA provides exceptional value by covering water, trash service, cable television, and earthquake insurance, making for truly low-maintenance living. Ideally located just minutes from the 101 Freeway and vibrant Ventura Boulevard, you'll enjoy convenient access to an abundance of shopping, restaurants, coffee shops, and everyday conveniences. Whether you're a first-time buyer, downsizing, or looking for an excellent investment opportunity, this home offers comfort, convenience, and an unbeatable Tarzana location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,178 | 1,126.5 |
| Lot Size | 258,421 | 138,492.5 |
| Price | $479.0K | $430.4K |
| Price per sq ft | $407 | $406 |
| Built year | 1964 | 1975 |
| HOA | $614.88 | $640 |
| Days on market | 23 | 66 |
Jun 29, 2026
$479,000
Initial Listing
Oct 23, 2002
$184,500
Public Record