18433 Hatteras Street 507, Tarzana, California 91356, Tarzana, 91356 - 2 bed, 2 bath

18433 Hatteras Street 507, Tarzana, California 91356 home-pic-0
ACTIVE$555,000
18433 Hatteras Street 507, Tarzana, California 91356
2Beds
2Baths
1,147Sqft
87,205Lot
Year Built
1979
Close
-
List price
$555K
Original List price
$585K
Price/Sqft
$484
HOA
$449
Days on market
-
Sold On
-
MLS number
25537729
Home ConditionFair
Features
Good View:
Deck
Pool
Spa
Patio
View

About this home

We found 3 Cons,5 Pros. Rank: price - $555.0K(60th), sqft - 1147(46th), beds - 2(50th), baths - 2(50th).

Below Market!! Fresh new Price! Make an Offer! Move-in Condition! 2 + 2 + loft Can be a 3rd Bedroom/Office/Den. Highly desired Location! Beautiful upper end unit, Luxury Condo in gated Park like grounds. Light, bright, airy, private with spacious open floor plan. Mountain and tree views from every room. Upgrades throughout with recessed and "spot" lighting, cross breeze.2 large Bedrooms+ Loft, Den, Office, convertible 3rd Bedroom. Cozy Fireplace in picture perfect Livingroom with laminate Flooring. Wood beam cathedral ceilings, unique floating staircase and dry bar. Kitchen with matching appliances. Built-ins w/ movable Island! Balcony with a view. Large picture windows! Tiled patio with w/peaceful view of trees &1 of 2 pools w/BBQ, spa, all-purpose rec. room. Primary Bedroom w/ plantation shutters and organized mirrored wall to wall closets in both rooms. Stackable Washer/Dryer in unit! Side by side 2 car parking with ample storage space. Near the 101 fwy, orange line/Metro. Minutes to 405 fwy,.

Nearby schools

3/10
Tarzana Elementary School
Public,K-50.7mi
3/10
Vanalden Avenue Elementary School
Public,K-50.8mi
6/10
Newcastle Elementary School
Public,K-50.9mi
8/10
Lanai Road Elementary School
Public,K-53.2mi
6/10
Gaspar De Portola Middle School
Public,6-80.8mi
5/10
William Mulholland Middle School
Public,6-81.9mi
3/10
William Mulholland Middle School
Public,6-82.0mi
5/10
Woodland Hills Charter Academy
Public,6-82.9mi
4/10
Reseda Senior High School
Public,9-120.9mi

Price History

Date
Event
Price
08/11/25
Price Change
$555,000-1.8%
08/08/25
Price Change
$564,999
05/12/25
Listing
$585,000
Condition Rating
Fair

Built in 1979, this property is well-maintained and move-in ready with updated laminate flooring and some recessed lighting. However, the kitchen features dated dark wood cabinets, dark countertops, and black appliances. The bathrooms, particularly one with a green-tinted shower, are functional but clearly outdated in style. While clean, the property shows its age in key areas and would benefit from cosmetic updates to meet modern aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Flexible Floor Plan: The property boasts a versatile 2-bedroom, 2-bathroom layout with a convertible loft, ideal for a 3rd bedroom, office, or den, catering to diverse buyer needs.
Premium Community & Amenities: Located in a highly desired, gated community with park-like grounds, offering resort-style amenities including two pools, BBQ areas, a spa, and an all-purpose recreation room.
Enhanced Interior & Upgrades: Features numerous desirable upgrades such as recessed lighting, wood beam cathedral ceilings, a unique floating staircase, fireplace, in-unit washer/dryer, and organized closets, contributing to a move-in ready condition.
Abundant Natural Light & Views: An upper end unit designed for brightness and airiness, providing mountain and tree views from every room, a private balcony, and large picture windows, enhancing the living experience.
Convenient Location & Accessibility: Strategically positioned near major freeways (101 Fwy, 405 Fwy) and public transit (Orange Line/Metro), ensuring easy commuting and access to surrounding areas.

Cons

Building Age: Constructed in 1979, the property's age, despite interior upgrades, may suggest older building systems or potential for future common area maintenance concerns.
Monthly Association Fees: The $449 monthly association fee is a notable recurring expense that adds to the total cost of ownership and should be factored into a buyer's budget.
Recent Price Adjustments: Multiple price reductions from the original list price indicate a potential challenge in market valuation or buyer interest, which could lead to questions about the property's long-term appreciation potential.

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