6307 Rhea, Tarzana, California 91335, Tarzana, 91335 - 3 bed, 2 bath
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Tarzana, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well above the $896,064 Fair Market Value by -6%. Featuring a Mid-Century Modern Aesthetic with vaulted ceilings and a built-in Sub-Zero Refrigerator, the home maintains a Condition Rating of 4. While it requires cosmetic updates, the Prime Cul-de-Sac Location and private patio offer significant upside. This asset is ideal for Value-Add Investors or Owner-Occupants seeking to personalize a well-located Tarzana residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6307 Rhea Subject | $950,000* List Price | 3 | 2 | 1,607 | $555 | - |
A 6254 Etiwanda Sold | $880,000 | 3 | 2 | 1,730 | $509 | 0.6 mi |
B 19465 Friar Sold | $895,000 | 3 | 2 | 1,777 | $504 | 0.9 mi |
C 19132 Friar Sold | $760,000 | 3 | 2 | 1,151 | $660 | 0.5 mi |
D 19168 Erwin Street Sold | $980,000 | 3 | 2 | 1,631 | $601 | 0.5 mi |
E 6654 Capps Avenue Sold | $810,000 | 4 | 2 | 1,576 | $514 | 0.5 mi |
F 19040 Friar Sold | $800,000 | 3 | 2 | 1,151 | $695 | 0.4 mi |
G 6700 Capps Sold | $828,000 | 3 | 2 | 1,182 | $701 | 0.5 mi |
H 19134 W Delano Pending | $1,029,000 List Price | 4 | 3 | 1,510 | $681 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the home is well-maintained but significantly dated, with a kitchen and interior finishes that appear to be over 25 years old. The listing agent explicitly notes the property 'needs some TLC or makeover,' fitting the criteria for a functional but dated home requiring updates.
The home features vaulted ceilings and an open, airy layout that captures a desirable Mid-Century Modern vibe with abundant natural light throughout the living areas.
Situated on a quiet, 'Waze-free' cul-de-sac in a sought-after Tarzana neighborhood, providing a peaceful environment with minimal through-traffic.
The property includes premium elements such as a built-in Sub-Zero refrigerator and professionally landscaped front and rear yards, adding immediate value.
The property is noted as needing 'TLC' or a makeover, suggesting that buyers will need to budget for significant cosmetic or structural updates.
At 5,511 square feet, the lot is relatively modest for the Tarzana area, which may limit future expansion possibilities or outdoor utility.
Great Opportunity in Desirable Tarzana location! This 3 bedroom, 2 bath home invites you to transform it back to its original splendor or be creative to your own taste! Located on a Waze Free quite Cul de Sac, with vaulted ceilings in living and kitchen areas filled with natural light for that Mid Century Modern vibe overlooking a beautiful yard providing an open airy feeling, En suite Primary bedroom, eat in kitchen with built in Sub Zero Refrigerator, beautifully landscaped front and back. Needs some TLC or makeover to suit yourself. Conveniently close to markets, 101 freeway, and walking distance to Metro Bus. Don't miss this opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,607 | 2,853.5 |
| Lot Size | 5,511 | 8,376 |
| Price | $950.0K | $1.81M |
| Price per sq ft | $591 | $668 |
| Built year | 1969 | 1962 |
| HOA | $0 | $0 |
| Days on market | 35 | 61 |
Jun 17, 2026
$950,000
Initial Listing