18620 Hatteras Street 180, Tarzana, California 91356, Tarzana, 91356 - 2 bed, 2 bath
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Tarzana, California 91356
This Strong Value Opportunity is a 2-bedroom, 2-bath condominium listed at $395,000—positioned well below the $368,214 Fair Market Value by -7%. Featuring a Mint Condition Rating with modern renovations, this unit offers a private patio and community pool access. Currently tenant-occupied at $2,969/month, it provides immediate cash flow for Buy-and-Hold Investors, while the November 2026 vacancy date offers a clear timeline for future owner-occupants seeking a turnkey residence in a convenient Tarzana location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18620 Hatteras Street 180 Subject | $395,000* List Price | 2 | 2 | 910 | $405 | - |
A 18620 Hatteras Street 145 Sold | $360,000 | 2 | 2 | 955 | $377 | 0.0 mi |
B 18640 Collins Street 201 Sold | $422,500 | 2 | 2 | 945 | $447 | 0.2 mi |
C 18620 Hatteras Street 223 Sold | $380,000 | 3 | 2 | 1,148 | $331 | 0.0 mi |
D 5700 Etiwanda Avenue 248 Sold | $360,000 | 2 | 1 | 855 | $421 | 0.5 mi |
E 5700 Etiwanda Avenue 280 Sold | $440,000 | 2 | 2 | 938 | $469 | 0.5 mi |
F 18350 Hatteras Street 152 Sold | $339,000 | 3 | 2 | 1,050 | $323 | 0.4 mi |
G 18555 Collins Street C18 Sold | $392,500 | 2 | 2 | 955 | $411 | 0.1 mi |
H 18350 Hatteras 123 Sold | $361,000 | 3 | 2 | 1,060 | $341 | 0.4 mi |
I 18645 Hatteras Street 278 Active | $499,999 List Price | 2 | 2 | 982 | $509 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1970, the interior shows evidence of a comprehensive recent renovation (likely within the last 5 years). The bathroom features modern shaker-style cabinetry, quartz countertops, updated fixtures, and contemporary flooring, indicating the unit is in mint condition and move-in ready.
The property is currently tenant-occupied at $2,969 per month, offering investors a strong immediate rental yield and a turnkey income stream from day one.
This unit includes two dedicated parking spaces and a private patio, providing essential conveniences that are highly sought after in the Tarzana condominium market.
Situated in the heart of Tarzana near major shopping, dining, and everyday conveniences, the property is well-positioned for long-term appreciation and consistent tenant demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =218486, other record lot size in square feet = 218418.
The property cannot be occupied by an owner-user until November 2026, which significantly limits the buyer pool to investors or those with very flexible housing timelines.
The monthly association fee of $566.93 is relatively high for a 910-square-foot unit, which increases the total monthly overhead and impacts the net return on investment.
Beautifully maintained 2-bedroom, 2-bath condominium offering 910 SF in the heart of Tarzana. This bright and inviting residence features a private patio, two parking spaces, and access to a beautifully landscaped community with a sparkling pool. Currently tenant-occupied at $2,969/month, providing immediate income with the opportunity for an owner-user to occupy. Ideally located near shopping, dining, and everyday conveniences, this is an excellent opportunity for both investors and future owner-occupants. A rare chance to secure a well-positioned Tarzana condo with built-in income and future flexibility.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 910 | 1,126.5 |
| Lot Size | 218,486 | 138,492.5 |
| Price | $395.0K | $430.4K |
| Price per sq ft | $434 | $406 |
| Built year | 1970 | 1975 |
| HOA | $566.93 | $640 |
| Days on market | 37 | 66 |
Jun 15, 2026
$395,000
Initial Listing
Sep 30, 2016
$245,000
Public Record
Apr 12, 2016
$230,500
Public Record
Mar 18, 2013
$120,000
Public Record
Dec 3, 2004
$254,900
Public Record