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6243 Wilbur - 18911 Erwin Ave, Tarzana, CA 91335
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6243 Wilbur - 18911 Erwin Ave Tarzana, CA 91335

$1,299,526
  • 6 Beds
  • 3.5 Baths
  • 2,240 Sq.Ft.
For Sale
$1,299,526 Get Pre-Qualified
Map preview of 6243 Wilbur - 18911 Erwin Ave, Tarzana, CA 91335

Property Overview: 6243 Wilbur - 18911 Erwin Ave Tarzana, CA has 6 bedrooms, 3.5 bathrooms, 2,240 living square feet and 7,186 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Rarely does an opportunity arise to own two homes on one lot! This property presents a unique chance to enjoy the comfort and privacy of two separate residences, each with its own address, power meters, and distinct features. Nestled on a corner lot, both homes offer unparalleled privacy and individuality. The main home boasts classic charm and inviting interiors, 3-bedroom, 1-bathroom, 1,040 SqFt of living, while the second home (ADU) built in 2023 boasts 3 bedrooms, 2.5 bathrooms, and 1,200 square feet of luxurious living space with high-end finishes, and a balcony offering stunning views. Both homes feature private yards, creating serene outdoor retreats for relaxation and enjoyment. Whether you're looking for an investment opportunity or seeking multi-generational living arrangements, this property offers endless possibilities. Live in one home and rent out the other to offset your mortgage payments, or use the ADU as an artist studio or retreat. Alternatively, keep your family close by while still maintaining separate living spaces for added comfort and privacy. Conveniently located near the ERETZ Synagogue & Cultural Center and Vanalden Ave Elementary School. This property offers easy access to shopping, dining, and entertainment, major freeways, colleges, and the Westfield Topanga Mall/The Village. Pro forma rent may be approximately up to $3500 for the front house and $5,000 for the ADU. Approx $102,000 in annual income. Schedule a viewing today and discover the endless potential!

Listed by George Ouzounian | BRE #01948763 | The Agency
Co-listed by Gina Michelle | BRE #01503003 | The Agency
Last checked: 13 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
7,186
HOA Dues
$0/mo
Year built
1951
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
SR24084774
City
Tarzana
County
Los Angeles
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $99,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $0
  • Water/Sewer: $1,200

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Property Details for 6243 Wilbur - 18911 Erwin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Fireplace(s), See Remarks
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Inside, Stackable, Washer Included
Fireplace Information
  • Has Fireplace
  • Outside
Room Information
  • Flooring: Tile, Wood
  • Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Refrigerator
Interior Features
  • Balcony, Built-in Features, Copper Plumbing Full, Living Room Balcony, Open Floorplan, Recessed Lighting, Unfurnished
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Balcony
  • Other Structures: Guest House, Guest House Detached
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Parking Features: Driveway, Garage, Street
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Mountain(s), Neighborhood, Trees/Woods, Valley
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 2128008008
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Wilbur Ave at Victory Blvd. For directions, enter the 6243 Wilbur Ave address NOT the Erwin address.
Neighborhood Information
  • Community Features: Biking, Hiking, Park, Sidewalks, Street Lights
View more facts & features

Local Tarzana Agent

Sale History for 6243 Wilbur - 18911 Erwin Ave

View property's historical transactions

  • April, 2024

  • Apr 29, 2024

    Date

    Active

    CRMLS: SR24084774

    $1,299,526

    Price

Tax History for 6243 Wilbur - 18911 Erwin Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

6243 Wilbur - 18911 Erwin Ave is listed 26.79% lower than the median list price for the city of Tarzana which has a median list price of $1,775,000. The median price per/sqft for Tarzana is $640 and this home is listed at $580.15 per/sqft which puts the price per square foot 9.35% lower than the median price per square foot for the city of Tarzana.

About 6243 Wilbur - 18911 Erwin Ave

Detailed summary of property

6243 Wilbur - 18911 Erwin Ave is a single family home located in Tarzana, CA 91335 and is currently for sale. This house offers 6 bedrooms, 3.5 bathrooms, roughly 2,240 living square feet, and sits on an approximately 7,186 square foot lot. 6243 Wilbur - 18911 Erwin Ave was first listed on ArdentRealEstateGroup.com on April 29, 2024. The homeowner is currently asking $1,299,526. The median priced home in Tarzana is $1,775,000 with a median price per square foot of $640. Based on Ardent Real Estate Group's Tarzana Market Data, this home is listed 26.79% lower than the median priced home. Local competing homes currently for sale include 520 S Barrington Ave #108, 520 S Barrington Ave #116 and 11680 Montana Ave #104. While the average home in Tarzana, CA is selling in 77 days, 6243 Wilbur - 18911 Erwin Ave has a days on market of 16 days. There are currently 126 homes for sale in the Tarzana real estate market and 88 of them are single family homes while 30 of them are condos and 8 are townhomes. For more information on this home for sale at 6243 Wilbur - 18911 Erwin Ave Tarzana, CA 91335 contact Ardent Real Estate Group and we will put you in touch with one of our Tarzana agents.

Public Facts for 6243 Wilbur - 18911 Erwin Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91335 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$825,000
Median List Price/Sq.Ft.
$533
Median Sold Price
$865,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
105
Median Sale to List Price %
101.88%
Avg Days on Market
18
Loan Type
Conventional (28.21%), FHA (7.69%), VA (2.56%), Cash (17.95%), Other (20.51%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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