18760 Wells, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 3 bath
ACTIVE$2,499,000
18760 Wells, Tarzana, California 91356
5Beds
3Baths
3,148Sqft
19,028Lot
Price Vs. Estimate
The estimated value ($2,237,737.415) is $261,262.585 (10%) lower than the list price ($2,499,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19028, living area = 3148.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$2.50M vs avg $1.85M (+$649,000)77%
Size:3,148 sqft vs avg 3,000 sqft57%
Price/sqft:$794 vs avg $66083%
More Insights
Built in 1964 (61 years old).
Condition: This property, built in 1964, has undergone significant recent updates that make it move-in ready. The description highlights 'new flooring, fresh paint,' a dual HVAC system with one unit replaced three years ago, a fully paid-off solar system, and EV charging capabilities. The living areas, as seen in the images, reflect these updates with modern recessed lighting and clean finishes. While the kitchen is functional with a double oven, cooktop, and a recently updated dishwasher, its cabinets, tile flooring, and backsplash appear dated in style, preventing an 'excellent' rating. However, the extensive updates to major systems and cosmetic elements throughout the main living spaces, coupled with a well-maintained exterior, position the property firmly in the 'good' category, requiring no immediate renovations for comfortable living.
Year Built
1964
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$794
HOA
-
Days on market
-
Sold On
-
MLS number
SR25259186
Home ConditionGood
Features
Patio
View-
About this home
Located South of the Boulevard in one of Tarzana’s most prestigious neighborhoods, this stunning single-story residence offers 5 spacious bedrooms, 4 bathrooms, and 3,148 sq. ft. of living space on a flat 19,000+ sq. ft. lot, blending luxury, comfort, and privacy. The thoughtfully designed floor plan showcases new flooring, fresh paint, and versatile living spaces, including two en-suite bedrooms and a bonus room equipped with a premium surround system , ideal as a home gym or media room. The large kitchen is well-appointed with a double oven, cooktop, and recently updated dishwasher, perfect for both everyday living and entertaining. Outdoors, custom landscaping creates a serene retreat with lush trees, night lighting, Backyard water drain system throughout . Modern amenities include a 220-volt garage connection for EV charging, an additional 220-volt receptacle for a future fountain, a dual HVAC system with one unit replaced three years ago, a cement cinder block fence, custom electric gate with stone columns, tiled roof, and a fully paid-off solar system. Perfectly located near Ventura Boulevard’s dining, parks, shopping, and freeway access, and within a top-rated school district, this property presents an exceptional opportunity to own a true Tarzana gem.
Nearby schools
3/10
Tarzana Elementary School
Public,•K-5•0.9mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.4mi
6/10
Newcastle Elementary School
Public,•K-5•2.0mi
8/10
Lanai Road Elementary School
Public,•K-5•3.0mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.3mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.6mi
5/10
William Mulholland Middle School
Public,•6-8•2.8mi
3/10
William Mulholland Middle School
Public,•6-8•2.9mi
4/10
Reseda Senior High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
10/28/25
Sold
$2,250,000
03/08/02
Sold
$790,000
Condition Rating
Good
This property, built in 1964, has undergone significant recent updates that make it move-in ready. The description highlights 'new flooring, fresh paint,' a dual HVAC system with one unit replaced three years ago, a fully paid-off solar system, and EV charging capabilities. The living areas, as seen in the images, reflect these updates with modern recessed lighting and clean finishes. While the kitchen is functional with a double oven, cooktop, and a recently updated dishwasher, its cabinets, tile flooring, and backsplash appear dated in style, preventing an 'excellent' rating. However, the extensive updates to major systems and cosmetic elements throughout the main living spaces, coupled with a well-maintained exterior, position the property firmly in the 'good' category, requiring no immediate renovations for comfortable living.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19028, living area = 3148.
Prime Location: Located South of the Boulevard in a prestigious Tarzana neighborhood, offering convenient access to Ventura Boulevard's dining, shopping, parks, and freeway access, and situated within a top-rated school district.
Extensive Modern Upgrades: The property features new flooring, fresh paint, a dual HVAC system (one unit replaced 3 years ago), a fully paid-off solar system, and a 220-volt EV charging connection in the garage, indicating significant recent investment and modern amenities.
Spacious & Versatile Layout: With 5 spacious bedrooms, 4 bathrooms, 3,148 sq. ft. of living space, two en-suite bedrooms, and a bonus room with a premium surround system, the home offers ample and flexible living arrangements.
Enhanced Outdoor Living & Privacy: The large, flat 19,000+ sq. ft. lot boasts custom landscaping, night lighting, a backyard water drain system, a cement cinder block fence, and a custom electric gate with stone columns, providing a private and well-maintained exterior.
Energy Efficiency & Cost Savings: The fully paid-off solar system significantly reduces electricity costs, and the updated HVAC system contributes to efficient climate control, offering long-term savings for the homeowner.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Recently Sold Property: The property was recently sold within the past year on 2025-10-28. The sold price is $2,250,000.00.
Age of Property: Built in 1964, the property's underlying structure is 60 years old, which may imply potential for older plumbing, electrical systems (beyond the 220V upgrades), or other components that could require future maintenance or upgrades.
Absence of a Pool: Despite a large 19,000+ sq. ft. flat lot in a desirable Tarzana location, the property description does not mention a pool, which is a highly sought-after amenity in this climate and price point, potentially requiring significant future investment for installation.
Partial HVAC System Update: While a dual HVAC system is present and one unit was replaced three years ago, the other unit's age is not specified, suggesting it could be older and potentially less efficient or nearing the end of its lifespan, leading to future replacement costs.