5700 Etiwanda Avenue 123, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath
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Tarzana, California 91356
This Sophisticated Ground-Floor Condominium represents a Prime Investment Opportunity with a List Price of $449,000—positioned well below the $463,451 Fair Market Value by 3%. This valuation gap provides $14,451 in Instant Equity. Boasting a Good Condition Rating, the interior features a quartz kitchen, remodeled stone bathrooms, and wood-like flooring. Residents enjoy a private patio, community pool, and proximity to Gaspar De Portola Middle School. This turnkey residence is an ideal acquisition for Owner-Occupants or first-time buyers seeking rare three-bedroom value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5700 Etiwanda Avenue 123 Subject | $409,000* List Price | 3 | 2 | 1,075 | $368 | - |
A 18350 Hatteras Street 248 Sold | $310,000 | 3 | 2 | 1,030 | $301 | 0.2 mi |
B 18350 Hatteras 123 Sold | $361,000 | 3 | 2 | 1,060 | $341 | 0.2 mi |
C 18620 Hatteras Street 223 Sold | $380,000 | 3 | 2 | 1,148 | $331 | 0.5 mi |
D 18350 Hatteras Street 183 Sold | $382,000 | 3 | 2 | 1,030 | $371 | 0.2 mi |
E 18350 Hatteras Street 277 Sold | $410,000 | 3 | 2 | 1,050 | $390 | 0.2 mi |
F 18601 Collins Street D27 Sold | $458,500 | 3 | 2 | 1,248 | $367 | 0.5 mi |
G 5700 Etiwanda 264 Active | $449,000 List Price | 3 | 2 | 1,075 | $418 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1973, the unit has undergone significant renovations likely within the 5-15 year range. The kitchen features modern quartz countertops, updated cabinetry, and stainless steel appliances. Both bathrooms are fully updated with custom tile and stone finishes, and the interior features fresh paint and newer wood-like flooring, making it move-in ready.
The unit features high-quality updates including quartz countertops, wood-like flooring, and fully remodeled bathrooms with custom tile and stone, providing a contemporary, move-in-ready aesthetic.
As a single-story, ground-floor condominium, this property offers superior accessibility and convenience, featuring a private patio that extends the living space outdoors.
Finding a three-bedroom layout at this price point in Tarzana is rare, especially one that includes two assigned parking spaces and gated community security.
The property relies on communal on-site laundry facilities rather than having in-unit hookups, which is a significant convenience drawback for many modern buyers.
The $580 monthly association fee is relatively high for the building's age and amenities, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Welcome to this elegant and sophisticated single-story, ground-floor condominium featuring a thoughtfully designed floor plan and stylish updates throughout. Freshly painted interiors and beautiful wood-like flooring create a bright, inviting atmosphere from the moment you enter.The spacious living room offers plenty of room for relaxing or entertaining and opens to a cozy, private patio-perfect for enjoying morning coffee or evening breezes. The dining area is enhanced by dramatic floor-to-ceiling mirrors that reflect natural light and create an open, airy feel.The kitchen features quartz countertops, lovely cabinetry, and ample workspace for everyday cooking or hosting guests. Both the primary and secondary bathrooms have been fully updated with custom tile and stone finishes, adding a touch of luxury to the home.Bedrooms are generously sized and include mirrored closet doors and excellent storage space. A convenient hall linen closet adds additional organization.Second and third bedrooms have been reimagined and shown with digital staging as a music room and a youth bedroom and are awaiting your personal touch.Located in a centrally situated gated community with a peaceful, park-like setting surrounded by mature, tall trees. Residents enjoy amenities including a swimming pool and convenient on-site laundry facilities. Unit features two assigned parking spaces one of which is covered.A wonderful opportunity to own a beautifully maintained home in a serene and well-located complex.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,075 | 1,035 | 57% |
| Lot Size | - | 214,639 | 8% |
| Price | $409.0K | $411.9K | 48% |
| Price per sq ft | $380 | $403 | 43% |
| Built year | 1973 | 1973 | 50% |
| HOA | $580.0 | $568 | 55% |
| Days on market | 100 | 146 | 18% |
Jun 2, 2026
$409,000
$419,000
-2% Price Drop
Initial Listing
May 28, 2026
$419,000
$439,000
-5% Price Drop
Initial Listing
May 20, 2026
$439,000
$449,000
-2% Price Drop
Initial Listing
Mar 19, 2026
$449,000
$465,000
-3% Price Drop
Initial Listing
Mar 6, 2026
$465,000
Initial Listing
Oct 24, 2018
$395,000
Public Record
Apr 28, 2008
$265,000
Public Record
Oct 3, 2005
$380,000
Public Record
Sep 5, 2002
$190,000
Public Record