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5700 Etiwanda Avenue 149, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath

5700 Etiwanda Avenue 149, Tarzana, California 91356 home-pic-0
ACTIVE$469,000
5700 Etiwanda Avenue 149, Tarzana, California 91356
3Beds
2Baths
1,096Sqft
281,688Lot
Year Built
1973
Close
-
List price
$469K
Original List price
$469K
Price/Sqft
$428
HOA
$568.8
Days on market
-
Sold On
-
MLS number
SR25273425
Home ConditionFair
Features
Deck
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $469.0K(49th), sqft - 1096(43th), beds - 3(54th), baths - 2(50th).

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.

Nearby schools

3/10
Tarzana Elementary School
Public,•K-5•0.9mi
6/10
Newcastle Elementary School
Public,•K-5•1.0mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.1mi
8/10
Lanai Road Elementary School
Public,•K-5•2.8mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.9mi
5/10
William Mulholland Middle School
Public,•6-8•1.8mi
3/10
William Mulholland Middle School
Public,•6-8•1.9mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.2mi
4/10
Reseda Senior High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
12/10/25
Listing
$469,000
05/15/15
Sold
$280,000
09/30/10
Sold
$200,000
03/02/07
Sold
$350,000
Condition Rating
Fair
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 The bathroom is significantly outdated with a dated vanity, hexagonal floor tiles, and a sliding glass shower door.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.
Pros & Cons

Pros

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.
Dedicated Parking: Includes two assigned tandem carport spaces, a valuable amenity in many condominium complexes.
Desirable Tarzana Location: Situated in Tarzana's California Village, a well-regarded area, offering good access to local amenities and services.

Cons

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.
Lack of Premium Views: The property description notes a balcony overlooking 'tree-lined pathways' and the 'view' field states 'None,' indicating an absence of more desirable panoramic city, mountain, or ocean views that could command higher value.

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