
Tarzana, California 91356
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned slightly above the $413,236 Fair Market Value. While the property is currently tenant-occupied, its Condition Rating of 4 indicates a need for cosmetic updates to modernize the 1973 build. The community offers resort-style amenities, including a pool, spa, and tree-lined walkways. With a stable rental history and proximity to local schools, this is a strategic acquisition for Buy-and-Hold Investors or value-focused buyers seeking a long-term income-producing asset in Tarzana.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5700 Etiwanda Avenue 149 Subject | $415,000* List Price | 3 | 2 | 1,096 | $377 | - |
A 18350 Hatteras 123 Sold | $361,000 | 3 | 2 | 1,060 | $341 | 0.2 mi |
B 5700 Etiwanda Avenue 123 Sold | $395,000 | 3 | 2 | 1,075 | $367 | 0.0 mi |
C 18350 Hatteras Street 152 Sold | $339,000 | 3 | 2 | 1,050 | $323 | 0.2 mi |
D 18620 Hatteras 266 Sold | $307,777 | 2 | 2 | 911 | $338 | 0.5 mi |
E 5700 Etiwanda Avenue 248 Sold | $360,000 | 2 | 1 | 855 | $421 | 0.0 mi |
F 18408 Hatteras Street 14 Sold | $395,000 | 2 | 2 | 923 | $428 | 0.3 mi |
G 18408 Hatteras 13 Sold | $389,950 | 2 | 2 | 928 | $420 | 0.3 mi |
H 5620 Yolanda Sold | $395,000 | 2 | 2 | 910 | $434 | 0.6 mi |
I 5700 Etiwanda Avenue 149 Active | $469,000 List Price | 3 | 2 | 1,096 | $428 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old and appears dated with original popcorn ceilings, worn carpeting, and older wall paneling. While functional and currently tenant-occupied, the interior requires cosmetic updates and minor repairs to meet modern standards.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =281688, other record lot size in square feet = 281779.
INVESTOR OPPORTUNITY IN TARZANA’S CALIFORNIA VILLAGE! This inviting 3-bedroom, 2-bath condominium offers an attractive combination of immediate rental income, desirable location, and value. The open-concept living and dining areas flow seamlessly to a private balcony overlooking lush, tree-lined pathways, creating a peaceful setting for everyday living. The well-designed floor plan features a primary bedroom with an en-suite bath, plus two additional bedrooms and a second full bathroom. Residents enjoy a resort-inspired community with a sparkling pool and spa, beautifully landscaped grounds, pine-lined walkways, and convenient on-site laundry facilities. Two assigned tandem carport spaces provide added convenience. With a long-term tenant already in place, this property offers an opportunity to acquire a stabilized income-producing asset in the highly sought-after Tarzana area. Offered at an attractive value compared with comparable units, this is an opportunity worth exploring for investors seeking a well-located Southern California rental property.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,096 | 1,001 |
| Lot Size | 281,688 | 150,000.368 |
| Price | $415.0K | $411.5K |
| Price per sq ft | $379 | $396 |
| Built year | 1973 | 1974 |
| HOA | $568.8 | $592 |
| Days on market | 9 | 73 |
Aug 31, 2026
$415,000
Initial Listing
May 15, 2015
$280,000
Public Record
Sep 30, 2010
$200,000
Public Record
Mar 2, 2007
$350,000
Public Record