5700 Etiwanda Avenue 149, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath
5700 Etiwanda Avenue 149
Tarzana, California 91356
Property Price
SUMMARY
Analysis of 5700 Etiwanda Avenue 149, Tarzana, California 91356 is currently available with a list price of $469,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tarzana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1973, this condo is aged but appears to be maintained. The kitchen features dated cabinets, older appliances (white range, older stainless fridge), and countertops that are not modern. The bathroom is significantly outdated with a dated vanity, hexagonal floor tiles, and a sliding glass shower door. Popcorn ceilings are visible, and the carpets appear worn. While functional, the property requires substantial cosmetic updates to the kitchen, bathrooms, and flooring to meet current aesthetic standards. It is not in a state of disrepair that would classify it as 'poor', but its major components and finishes are clearly outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Potential
Explicitly highlighted as a 'high-performing asset' with an 'established long-term tenant providing immediate income' and 'priced under local comps,' making it a 'value-packed investment opportunity.'
- Resort-Style Community Amenities
Residents benefit from a sparkling pool, spa, landscaped gardens, pine-covered walkways, and on-site laundry facilities, enhancing lifestyle and appeal.
- Functional & Inviting Interior Layout
Features an open-concept living/dining area, a private balcony overlooking lush pathways, and a practical 3-bedroom, 2-bath configuration including an en-suite primary bedroom.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Monthly Association Fee
The association fee of $568.80 is substantial and can significantly impact the overall cost of ownership and investment returns.
- Building Age
Constructed in 1973, the property is over 50 years old, which may imply older infrastructure, potential for deferred maintenance, or the need for future updates to systems and finishes.
About 5700 Etiwanda Avenue 149
Calling all investors! Here’s your chance to secure a high-performing asset in Tarzana’s California Village. This bright and inviting 3-bedroom, 2-bath condo features an open-concept living and dining area that opens to a relaxing private balcony overlooking lush, tree-lined pathways. Enjoy a layout with an en-suite primary bedroom and two additional bedrooms sharing a full bath. Residents love the resort-style setting-sparkling pool, spa, landscaped gardens, pine-covered walkways, and laundry facilities. Two assigned tandem carport spaces complete the offering. With an established long-term tenant providing immediate income, this unit is priced under local comps and stands out as a rare, value-packed investment opportunity. Priced below comparable units, it’s a smart, high-demand addition to any investment portfolio.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 281,688 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $568.8 / Month
Neighborhood Insights
Tarzana Unified Schools
Tarzana Elementary School
Grades K-5 • 0.9 mi
Newcastle Elementary School
Grades K-5 • 1.0 mi
Vanalden Avenue Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,096 | 1,035 | 56% |
| Lot Size | 281,688 | 230,148 | 97% |
| Price | $469.0K | $430.0K | 59% |
| Price per sq ft | $428 | $416 | 59% |
| Built year | 1973 | 1973 | 50% |
| HOA | $568.8 | $517 | 65% |
| Days on market | 86 | 190 | 15% |
Pricing History
Listed for Sale
Dec 10, 2025
$469,000
Initial Listing
Sold
May 15, 2015
$280,000
Public Record
Sold
Sep 30, 2010
$200,000
Public Record
Sold
Mar 2, 2007
$350,000
Public Record