18620 Hatteras, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath
ACTIVE$418,888
18620 Hatteras, Tarzana, California 91356
3Beds
2Baths
1,103Sqft
218,486Lot
Year Built
1970
Close
-
List price
$419K
Original List price
$419K
Price/Sqft
$380
HOA
$440.5
Days on market
-
Sold On
-
MLS number
PW25130852
Home ConditionFair
Features
Patio
ViewCity Lights,Courtyard
About this home
We found 3 Cons,5 Pros. Rank: price - $418.9K(34th), sqft - 1103(46th), beds - 3(54th), baths - 2(50th).
FOR SALE: 3 Bedroom, 2 Bathroom Condo in Tarzana! Spacious ground floor unit in a gated community with 2 parking spaces. Features laminate flooring in the living room, carpet in bedrooms, Evaporated Cooling and central heating. The master bedroom has its own bathroom, and a cute private patio. Conveniently located near restaurants, the freeway and shopping centers. Currently tenant-occupied (good paying tenants for over 3 years); can be delivered with or without the tenants.
Nearby schools
3/10
Tarzana Elementary School
Public,•K-5•0.4mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•0.6mi
6/10
Newcastle Elementary School
Public,•K-5•1.2mi
8/10
Lanai Road Elementary School
Public,•K-5•3.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.6mi
5/10
William Mulholland Middle School
Public,•6-8•2.2mi
3/10
William Mulholland Middle School
Public,•6-8•2.3mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.7mi
4/10
Reseda Senior High School
Public,•9-12•1.1mi
Condition Rating
Fair
Built in 1970, this condo is aged but appears maintained. However, the kitchen and bathrooms are significantly outdated in terms of style, cabinets, countertops, and appliances, requiring substantial cosmetic updates. The property also features evaporated cooling, which is less desirable than modern central air conditioning. While functional and livable, it needs considerable renovation to meet current aesthetic and comfort standards.
Pros & Cons
Pros
Investment Potential & Flexibility: Currently tenant-occupied with good paying tenants for over 3 years, offering immediate rental income for investors or the option to deliver vacant for owner-occupancy.
Prime Location & Accessibility: Conveniently located near restaurants, major freeways, and shopping centers, providing easy access to amenities and transportation.
Gated Community & Parking: Situated within a secure gated community and includes two dedicated parking spaces, enhancing safety and convenience.
Ground Floor Unit & Private Patio: A desirable ground floor unit featuring a master bedroom with an en-suite bathroom and a cute private patio, offering comfortable living and personal outdoor space.
Functional Layout: A spacious 3-bedroom, 2-bathroom configuration with central heating, providing a practical and comfortable living arrangement.
Cons
Cooling System: The property utilizes evaporated cooling, which may be less efficient or desirable compared to central air conditioning, especially during hot Tarzana summers.
Monthly HOA Fees: The association fee of $440.50 per month represents a notable recurring expense that adds to the cost of homeownership.
Interior Finishes: Features carpet in the bedrooms, which some prospective buyers might consider dated or prefer to upgrade to hard flooring.