For sale · Active

18620 Burbank Boulevard

Tarzana, CA 91356

$4,400,000
Bedrooms & bathrooms21 Beds • 21 Baths
Living area11,500 (area; units unconfirmed)
Lot size0.21 acres
Property typeResidential Income
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Listing broker / agent: Compass · Kenny Stevens · CRMLS

MLS # 26832271 · Last checked Oct 22, 2026 05:53 UTC

About this property

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.

Property details

MLS number
26832271
Status
Active
Type
Residential Income
Beds / baths
21 Beds • 21 Baths
Living area
11,500 (area; units unconfirmed)
Lot size
0.21 acres
County
Los Angeles
Year built
1988
More property detailsExpandCollapse

Listing

Days on market
161

Building

Year built
1988
Building stories
0
Levels
Multi Split

Bathrooms

Full bathrooms
0
Half bathrooms
0
Three-quarter bathrooms
0
Quarter bathrooms
0

Rooms & interior

Appliances
Dishwasher, Refrigerator
Flooring
Carpet
Heating
Forced Air
Cooling
Central Air
Laundry
Common Area

Exterior & parking

Total parking spaces
22
Parking
Garage, Gated
Property outlook
None

Utilities & community

Community features
Gated

Fees & lease terms

Association
No
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Gaspar De Portola Charter Middle (school website, opens in a new tab) Los Angeles Unified · Tarzana 6–8 0.4 mi
Tarzana Elementary (school website, opens in a new tab) Los Angeles Unified · Tarzana K–5 0.4 mi
Wilbur Charter for Enriched Academics (school website, opens in a new tab) Los Angeles Unified · Tarzana K–5 0.6 mi
Nestle Avenue Charter (school website, opens in a new tab) Los Angeles Unified · Tarzana K–5 0.9 mi
Vanalden Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Reseda K–5 0.9 mi
Sherman Oaks Center for Enriched Studies (school website, opens in a new tab) Los Angeles Unified · Reseda 4–12 0.9 mi
Emelita Street Elementary (school website, opens in a new tab) Los Angeles Unified · Encino K–5 1.0 mi
Reseda Charter High (school website, opens in a new tab) Los Angeles Unified · Reseda 6–12 1.3 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$4,400,000
MLS-reported original asking price
$4,450,000
MLS-reported previous asking price
$4,450,000
MLS-reported last price change
2026-10-21 10:21 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 21, 2026 17:25$4,400,000
Oct 19, 2026 16:28$4,450,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Tarzana

Active residential homes for sale in Tarzana, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings117Current authorized inventory
Median asking price$1,549,000117 listings with a valid price
Median asking price / sq ft$542.1072 listings with confirmed sq ft
Median days on market36117 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction18
Listings with an increase2

20 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-22 07:21 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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