18620 Hatteras, Tarzana, California 91356, Tarzana, 91356 - 2 bed, 2 bath
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18620 Hatteras
Tarzana, California 91356
ACTIVE
CONDITION: GOOD
2Beds
2Baths
910Sq Ft
0Lot Size
Property Price
LIST PRICE$349,999
EST. MARKET VALUE
$364,193
3% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a 2-bedroom, 2-bath condominium listed at $349,999—positioned well below the $364,194 Fair Market Value by 3%. This valuation gap offers $14,195 in Instant Equity. Featuring a Condition Rating of 3, the unit includes recent upgrades like new laminate flooring and updated appliances. With a utility-inclusive HOA and access to a pool and spa, this property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset in a convenient Tarzana location.
Estimated Market Value
$364,193+$14,194 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tarzana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18620 Hatteras Subject | $349,999* List Price | 2 | 2 | 910 | $400 | - |
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 18547 Collins Street B23 Sold | $375,000 | 2 | 2 | 966 | $388 | 0.1 mi |
D 18645 Hatteras Street 285 Sold | $315,000 | 1 | 1 | 758 | $416 | 0.1 mi |
E 18408 Hatteras 13 Sold | $389,950 | 2 | 2 | 928 | $420 | 0.3 mi |
F 5700 Etiwanda Avenue 123 Sold | $395,000 | 3 | 2 | 1,075 | $367 | 0.5 mi |
G 5700 Etiwanda Avenue 248 Sold | $360,000 | 2 | 1 | 855 | $421 | 0.5 mi |
H 18408 Hatteras Street 14 Sold | $395,000 | 2 | 2 | 923 | $428 | 0.3 mi |
I 5700 Etiwanda 264 Active | $449,000 List Price | 3 | 2 | 1,075 | $418 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the property was built in 1970, it has undergone recent cosmetic renovations including new laminate flooring, fresh paint, and a new dishwasher and toilet. It is move-in ready and functional, though the presence of older wall-mounted AC units and the 50+ year age of the structure prevent an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Upgrades
The unit features new laminate flooring, fresh interior paint, and updated appliances, providing a modern, move-in-ready environment for the next owner.
- Utility-Inclusive HOA
The association fee covers all utilities except electricity and cable, offering significant monthly cost savings and simplified budgeting for residents.
- Prime Tarzana Location
Situated within walking distance to Ventura Boulevard’s shopping and dining and offering easy 101 freeway access, the property boasts high convenience and lifestyle appeal.
CONSRISKS & DEFICIENCIES
- Aged Infrastructure
Built in 1970, the complex may lack the modern energy efficiency standards and contemporary architectural features found in newer developments.
- Modest School Ratings
The local elementary schools carry lower performance ratings, which may be a consideration for families prioritizing top-tier public education districts.
About 18620 Hatteras
Welcome to this beautifully updated first-level 2-bedroom, 2-bath condo offering 910 square feet of comfortable, functional living space. Recent upgrades include new laminate flooring, fresh interior paint, a new dishwasher, and a new toilet. The HOA covers all utilities except electricity and cable, adding convenience and value. The kitchen opens seamlessly to the dining and living areas, creating a bright, open layout ideal for everyday living and entertaining. A sliding glass door leads directly from the living area to the private patio, offering convenient indoor-outdoor access. The primary bedroom features an en-suite bathroom, walk-in closet, and additional built-in storage shelving. The second bedroom is well suited for family, guests, or a home office. Community amenities include a pool, spa, landscaped common areas, and gated parking. Ideally located near Ventura Boulevard’s shopping, dining, and everyday conveniences, with easy access to the 101 freeway.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $566.93 / Month
Neighborhood Insights
Tarzana Unified Schools
Tarzana Elementary School
Grades K-5 • 0.4 mi
3/10
Vanalden Avenue Elementary School
Grades K-5 • 0.6 mi
3/10
Newcastle Elementary School
Grades K-5 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 910 | 1,001 |
| Lot Size | - | 150,000.368 |
| Price | $350.0K | $411.5K |
| Price per sq ft | $385 | $396 |
| Built year | 1970 | 1974 |
| HOA | $566.93 | $592 |
| Days on market | 13 | 73 |
Pricing History
Listed for Sale
Aug 27, 2026
$349,999
Initial Listing