18620 Burbank Blvd, Tarzana, CA 91356
18620 Burbank Blvd, Tarzana, CA 91356
18620 Burbank Blvd, Tarzana, CA 91356
18620 Burbank Blvd, Tarzana, CA 91356
18620 Burbank Blvd, Tarzana, CA 91356
18620 Burbank Blvd, Tarzana, CA 91356
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$ 4,450,000
Est. payment | /mo

21 Beds

21.5 Baths

11,500 SqFt


Save
$ 4,450,000
Est. payment | /mo
Save

21 Beds

21.5 Baths

11,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,500 sqft

Price per Sqft $386

MLS Listing ID 26832271

Bedrooms 21

Year Built 1988

Lot Size 9,146 Sqft

Acres 0.21

Property Sub-Type Multi-Family

Property Description

18620 Burbank Blvd. presents an 11-unit, condo-quality multifamily asset in the heart of Tarzana, located 2 blocks north of Ventura Blvd. and approx. 0.3 miles from Tarzana Village. Offered at $4,450,000, the property combines 1988 construction, a larger-unit profile, and a walkable Valley location with direct access to one of Tarzana's most practical commercial corridors. Built in 1988, the property is not subject to Los Angeles rent control, subject to buyer verification. The unit mix is one of the property's strongest attributes, with (10) 2-bdrm. / 2-bath units and (1) 1-bdrm. / 1.5-bath townhouse-style unit. Select interiors are well maintained and feature stainless-steel appliances, granite countertops, recessed lighting, white cabinetry, fireplaces, private balconies, and a mix of hard-surface flooring and carpeted bedrooms. Ownership has completed approx. $122,700 in recent capital improvements, further supporting the property's turnkey profile. Major projects include a new roof, six new HVAC units, replacement of the hot water heater, common area LED lighting, replacement of the common area carpet, removal of the popcorn ceiling in the common areas, a new security camera system, and a new control board for the garage gate. The location strengthens the ownership story. Ventura Blvd. and Tarzana Village provide a practical mix of restaurants, cafes, markets, fitness uses, and daily-use services within walking distance, while Reseda Blvd. and the 101 Freeway connect residents throughout the San Fernando Valley. Providence Cedars-Sinai Tarzana Medical Center, located approx. 0.8 miles away, remains one of the area's most important employment anchors, reinforcing demand from healthcare workers, professional service employees, and long-term Valley residents. Additional long-term optionality may exist through a future condo conversion, supported by the property's larger 2-bdrm. / 2-bath layouts, private balconies, secured parking, and controlled-access configuration, subject to buyer verification. The combination of condition, layout, location, and rent-control positioning gives investors a practical long-term hold in one of the San Fernando Valley's most established residential pockets.

Location

State CA

County Los Angeles

Area Tarzana

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Central

Flooring Carpet, Wood Laminate

Equipment Dishwasher, Built-Ins, Range/Oven, Refrigerator

Laundry Community

Exterior

Parking Features Garage, Gated

Garage Spaces 22.0

View Y/N No

View None

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Compass

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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18620 Burbank Blvd