
Tarzana, California 91356
This 2-bedroom condominium represents a Strong Value Opportunity, listed at $309,900—positioned well below the $349,291 Fair Market Value by 11%. This valuation gap provides $39,391 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a modern kitchen, central HVAC, and a private patio. Located near Ventura Boulevard, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18620 Hatteras Street 247 Subject | $309,900* List Price | 2 | 2 | 910 | $375 | - |
A 18547 Collins Street B23 Sold | $375,000 | 2 | 2 | 966 | $388 | 0.1 mi |
B 18408 Hatteras Street 14 Sold | $395,000 | 2 | 2 | 923 | $428 | 0.3 mi |
C 18408 Hatteras 13 Sold | $389,950 | 2 | 2 | 928 | $420 | 0.3 mi |
D 18620 Hatteras Street 145 Sold | $360,000 | 2 | 2 | 955 | $377 | 0.0 mi |
E 18620 Hatteras Street 223 Sold | $380,000 | 3 | 2 | 1,148 | $331 | 0.0 mi |
F 18555 Collins Street C18 Sold | $392,500 | 2 | 2 | 955 | $411 | 0.1 mi |
G 18645 Hatteras Street 285 Sold | $315,000 | 1 | 1 | 758 | $416 | 0.1 mi |
H 18620 Hatteras 276 Sold | $306,000 | 2 | 2 | 910 | $336 | - |
I 18350 Hatteras 211 Active | $395,000 List Price | 3 | 2 | 1,060 | $373 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1970, the property features move-in ready updates to the kitchen and bathrooms that appear to be within the 5-15 year range. The unit includes central HVAC, updated laminate flooring, and modern cabinetry, making it well-maintained and functional.
As the lowest-priced 2-bedroom condo in Tarzana with recent model-match sales closing at significantly higher prices, this property offers immediate equity and strong investment potential.
The interior features an updated kitchen, refreshed bathrooms, smooth ceilings, and central HVAC, offering a modern and functional living space without the need for immediate renovation.
Ideally located near Ventura Boulevard’s amenities with two secured garage parking spaces, the property provides excellent accessibility and convenience in a desirable neighborhood.
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 monthly HOA fee of $567 is relatively high for this price point, which may affect the debt-to-income ratio and overall monthly carrying costs for potential buyers.
The local elementary and high schools carry lower ratings (3/10 and 4/10), which may be a drawback for families specifically seeking high-performing school districts.
Welcome to this exceptional value opportunity in the heart of Tarzana. As of the list date, this is the lowest-priced 2-bedroom condo available in Tarzana, offering an incredible chance for homeowners and investors! Recent model-match sales in the same community closed at significantly higher prices, highlighting the outstanding value this home presents. Privately situated on the second floor, this light-filled 2-bedroom, 2-bath residence offers a comfortable and functional layout with tasteful updates throughout. The spacious living and dining areas flow seamlessly together, creating an inviting atmosphere for both everyday living and entertaining. The updated kitchen features modern finishes and ample cabinetry, while both bathrooms have been refreshed with contemporary touches. Smooth ceilings, central HVAC, and abundant natural light enhance the home’s clean and airy feel. The generously sized primary suite includes its own private bathroom and ample closet space, while the second bedroom is ideal for guests, a home office, or flexible living needs. Additional highlights include two parking spaces in the secured parking garage and a desirable location within the community. Conveniently located near Ventura Boulevard’s popular restaurants, shopping, cafes, and easy freeway access, this is an outstanding opportunity to own a move-in ready condo in one of the San Fernando Valley’s most sought-after neighborhoods.
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 | 2.2 |
| Square foot | 910 | 1,001 |
| Lot Size | 218,486 | 150,000.368 |
| Price | $309.9K | $411.5K |
| Price per sq ft | $341 | $396 |
| Built year | 1970 | 1974 |
| HOA | $567.0 | $592 |
| Days on market | 38 | 73 |
Aug 2, 2026
$309,900
Initial Listing
Apr 24, 2017
$257,000
Public Record
Nov 13, 2008
$160,000
Public Record
Nov 3, 2006
$349,000
Public Record
Sep 24, 2004
$240,000
Public Record
Jul 16, 2003
$172,000
Public Record
Dec 31, 2001
$110,272
Public Record