5700 Etiwanda Avenue 288, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 2 bath
ACTIVE$499,000
5700 Etiwanda Avenue 288, Tarzana, California 91356
4Beds
2Baths
1,223Sqft
281,688Lot
Year Built
1973
Close
-
List price
$499K
Original List price
$549K
Price/Sqft
$408
HOA
$588.6
Days on market
-
Sold On
-
MLS number
SR25014389
Home ConditionFair
Features
Good View: Canal
Deck
Pool
Spa
ViewCanal
About this home
We found 3 Cons,5 Pros. Rank: price - $499.0K(50th), sqft - 1223(57th), beds - 4(94th), baths - 2(50th).
location, location, location, Best location in gated California Village! Immaculate upstairs end unit, new paint, tiles. Peaceful and private. Every window looks out at trees and greenery spacious floor plan* great kitchen opens to LR w/vaulted ceiling and private balcony 3 nice size bedrooms and a den include master suite on one side. Close to the 101 freeway, walking distance to the orange line, Ventura Blvd, public transportation, groceries, shops, Gelsons, Vons. Tarzana Hospital, & Medical center, Hoa pays for water, trash, gardening, sewer, insurance for exterior structure. This is a winner!
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
Condition Rating
Fair
The property was built in 1973, making it 51 years old. While the listing mentions 'new paint, tiles' and the images show updated laminate flooring and a modern-looking shower with pebble-stone floor and glass enclosure, these updates appear to be cosmetic and localized rather than an extensive renovation of the entire property within the last 5-15 years. The kitchen is only partially visible through a pass-through, making a full assessment difficult, but it doesn't appear to be a brand-new, high-end renovation. Other major systems and components are not detailed or fully visible. Therefore, while well-maintained with recent cosmetic touches, it likely still has some outdated elements, aligning it with the 'Fair' category, which describes an aged home maintained with regular upkeep and occasional updates, where major components are functional but may show signs of being outdated.
Pros & Cons
Pros
Prime Location & Accessibility: Strategically located within a gated community, offering excellent access to the 101 freeway, public transportation (Orange Line), Ventura Blvd, and a variety of essential amenities including groceries, shops, and medical facilities, enhancing convenience and lifestyle.
Gated Community & Serene Environment: Situated in the desirable gated California Village, providing enhanced security, privacy, and a peaceful living environment with lush tree and greenery views from every window.
Updated & Well-Maintained Interior: An immaculate upstairs end unit featuring new paint and tiles, indicating recent updates and a move-in ready condition that minimizes immediate renovation costs for the buyer.
Functional Layout with Desirable Features: Boasts a spacious floor plan with a great kitchen opening to a living room featuring a vaulted ceiling and a private balcony, complemented by three good-sized bedrooms and a versatile den.
Comprehensive HOA Inclusions: The HOA fee covers significant expenses such as water, trash, gardening, sewer, and exterior structure insurance, offering considerable value and reducing monthly out-of-pocket costs for the owner.
Cons
Building Age: Constructed in 1973, the building's age may suggest potential for older infrastructure or systems that could require future maintenance or upgrades not explicitly covered by recent interior renovations.
High Monthly HOA Fees: The monthly association fee of $588.60 is substantial, which, despite its inclusions, could be a significant financial consideration for potential buyers and impact affordability.
Recent Price Reduction: The property has seen a significant price reduction from its original list price of $549,000 to $499,000, which might indicate initial overpricing or a longer time on the market, potentially signaling market resistance.