
Tarzana, California 91356
This Strong Value Opportunity is a move-in ready condo listed at $318,900, positioned well below the $352,290 Fair Market Value by 9%. This valuation gap provides $33,390 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes an updated kitchen, central HVAC, and access to a community pool and patio. While school ratings are modest, the location offers excellent proximity to Ventura Boulevard. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18620 Hatteras Street 247 Subject | $318,900* List Price | 2 | 2 | 910 | $361 | - |
A 18620 Hatteras Street 145 Sold | $360,000 | 2 | 2 | 955 | $377 | 0.0 mi |
B 18555 Collins Street C18 Sold | $392,500 | 2 | 2 | 955 | $411 | 0.1 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 18350 Hatteras 123 Sold | $361,000 | 3 | 2 | 1,060 | $341 | 0.4 mi |
F 18350 Hatteras Street 248 Sold | $310,000 | 3 | 2 | 1,030 | $301 | 0.4 mi |
G 18530 Hatteras 276 Active | $328,500 List Price | 2 | 2 | 896 | $367 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the property has undergone significant renovations within the 5-15 year window. The kitchen features updated cabinetry and stone counters, bathrooms have been refreshed, and the unit includes central HVAC and modern flooring, making it move-in ready.
Positioned as the lowest-priced 2-bedroom condo in Tarzana, this property offers significant equity potential and value compared to recent higher-priced model-match sales in the same community.
The residence is move-in ready, featuring an updated kitchen with modern finishes, refreshed bathrooms, smooth ceilings, and central HVAC for year-round comfort.
Conveniently located near Ventura Boulevard’s premier shopping and dining, the unit includes two secured parking spaces and provides easy access to major freeways.
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 association fee of $567 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The property is zoned for schools with lower ratings, such as Tarzana Elementary (3/10) and Reseda Senior High (4/10), which may be a drawback for education-focused families.
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 alike. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 910 | 1,030 | 24% |
| Lot Size | 218,486 | 218,486 | 50% |
| Price | $318.9K | $410.0K | 12% |
| Price per sq ft | $350 | $403 | 27% |
| Built year | 1970 | 1973 | 27% |
| HOA | $567.0 | $567 | 50% |
| Days on market | 37 | 144 | 5% |
May 9, 2026
$318,900
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