18928 Victory Boulevard, Tarzana, California 91335, Tarzana, 91335 - 3 bed, 2 bath

18928 Victory Boulevard, Tarzana, California 91335 home-pic-0
ACTIVE$775,000
18928 Victory Boulevard, Tarzana, California 91335
3Beds
2Baths
1,326Sqft
7,451Lot
Year Built
1953
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$584
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265332
Home ConditionPoor
Features
Pool
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $775.0K(27th), sqft - 1326(35th), beds - 3(50th), baths - 2(50th).

Are you looking for a great fixer upper with a ton of potential in the highly sought after city of Tarzana? If so, this is the home for you! This charming 1,326 square foot single-story home features a warm and inviting entry way, 3 spacious bedrooms, 2 bathrooms, a spacious kitchen with ample cabinetry and counter space, a large open living room complete with a cozy fireplace and French doors that lead to the back yard, an open dining room just off of the living room, an indoor laundry room, and a large array of solar panels. With a large 7,451 square foot lot, the exterior of the home is just as noteworthy as the inside. The front of the home features a large front yard and an inviting entry way, and the huge private back yard features a covered patio, a swimming pool, plenty of hardscaping and planters, a detached 2-car garage, and a sliding gate to provide access to and from the alley. If you are entertaining the idea of adding an ADU, this property is a perfectly set up for one. In terms of location, the home is ideally located in the city of Tarzana, and close to great schools, parks, shopping, dining, entertainment, and major transit. The property needs some work but it is priced accordingly. Whether you are looking for a home to call your own, an investment/rental property, or a flip project, this is the home for you! The potential is endless and the price is right.

Price History

Date
Event
Price
11/29/25
Listing
$775,000
Condition Rating
Poor

This property, built in 1953, is explicitly marketed as a 'fixer-upper' requiring 'some work' and 'extensive renovation.' The images confirm this assessment, showing severely outdated and worn conditions throughout. The kitchen features original or very old wood cabinetry, laminate countertops, an older white gas range, and damaged vinyl flooring, all requiring a complete overhaul. Bathrooms are equally dated with old vanities, basic fixtures, and worn vinyl flooring. Carpets are heavily stained and matted, and light fixtures are basic and old-fashioned. While solar panels are a positive addition, they do not offset the need for substantial repairs and rehabilitation across all major systems (likely original or very old plumbing, electrical, HVAC) and interior finishes. The property is functional but requires significant capital investment to bring it to modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7451, living area = 1326.
Prime Tarzana Location: Ideally situated in the highly sought-after city of Tarzana, offering convenient access to great schools, parks, shopping, dining, entertainment, and major transit routes.
Significant ADU Potential: The property is perfectly set up for adding an Accessory Dwelling Unit (ADU), presenting a substantial opportunity for increased rental income or multi-generational living.
Desirable Outdoor Living Space: Features a large, private backyard complete with a swimming pool, covered patio, and ample hardscaping, making it ideal for recreation and entertaining.
Energy Efficiency with Solar Panels: Equipped with a large array of solar panels, offering potential for reduced utility costs and contributing to a more sustainable lifestyle.
Versatile Investment Opportunity: Marketed as a 'fixer-upper with a ton of potential,' appealing to a broad range of buyers including owner-occupants seeking customization, investors for rental income, or flippers looking for a profitable project.

Cons

Extensive Renovation Required: Explicitly described as a 'fixer-upper' needing 'some work,' indicating significant capital investment and effort will be required for modernization and repairs throughout the property.
Outdated Systems & Finishes: Built in 1953, the property likely retains original or older systems (e.g., plumbing, electrical, HVAC) and finishes that will require comprehensive updating to meet contemporary standards and buyer expectations.
Listing Price Exceeds Estimated Value: The current listing price is higher than the property's estimated value, which may suggest it is priced aggressively given its 'fixer-upper' condition and could impact buyer perception or necessitate price adjustments.

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