18620 Hatteras, Tarzana, California 91356, Tarzana, 91356 - 2 bed, 2 bath
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Tarzana, California 91356
This Value-Add Condominium presents a strategic entry point into the Tarzana market with a List Price of $255,000. While currently positioned above the $217,589 Fair Market Value, the property’s Fixer Condition provides a clear path for forced appreciation through comprehensive renovation. The unit is enhanced by premium City Light Views and proximity to Gaspar De Portola Middle School and Tarzana Elementary. This asset is a high-potential acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the area's consistent rental and resale demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18620 Hatteras Subject | $255,000* List Price | 2 | 2 | 910 | $239 | - |
A 18530 Hatteras Street 212 Sold | $190,000 | 2 | 2 | 855 | $222 | 0.2 mi |
B 18547 Collins Street B3 Sold | $325,000 | 2 | 2 | 979 | $332 | 0.1 mi |
C 18530 Hatteras Street 209 Sold | $180,000 | 1 | 1 | 647 | $278 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) and explicitly marketed as a 'fixer,' this property requires a full rehab. Given the age and description, the kitchen, baths, and systems likely need significant updates or replacement to meet modern standards.
Priced at $255,000, this property represents a significant entry-level opportunity in the Tarzana market, offering a price point well below the area average for a two-bedroom unit.
As a designated 'fixer' with a functional 2-bedroom, 2-bathroom layout, the property provides a prime opportunity for investors or handy homeowners to build substantial sweat equity through renovation.
The unit features city light views, a premium characteristic that enhances the living experience and provides a competitive edge for future resale or rental appeal.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 910, other record living area = 669. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The 'fixer' status indicates that the property likely requires extensive repairs and modernization, necessitating a significant upfront investment beyond the purchase price.
The monthly association fee of $566.83 is relatively high for a 910-square-foot condo, which may impact the debt-to-income ratio for buyers and reduce net yields for investors.
Priced to Sell! 2 bedroom, 2 bath condo fixer with tons of potential!!
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 | 210,842 | 51% |
| Price | $255.0K | $435.0K | 8% |
| Price per sq ft | $280 | $411 | 8% |
| Built year | 1970 | 1973 | 32% |
| HOA | $566.83 | $546 | 54% |
| Days on market | 5 | 173 | 3% |
Apr 17, 2026
$255,000
Initial Listing