Pending

18611 Clark Street

Tarzana, CA 91356
Mark as Favorite
Bed 17

Bed

Bath 0

Bath

SqFt7,960

Sqft

SqFt11,655

Sqft(Lot)

*** Property is 100% VACANT. 18611 Clark Street is an 8-unit multifamily apartment building in the heart of Tarzana, one of the San Fernando Valley's most established and consistently desirable rental submarkets. Situated just north of Ventura Boulevard, Tarzana's primary retail and dining corridor, with immediate access to the 101 Freeway and the broader Ventura spine, the property sits within a City of LA rent-stabilized submarket defined by limited developable land, strong owner-occupant demand, and a persistent undersupply of quality rental housing. The property is a mid-century 1964-vintage building comprising approximately 7,960 square feet of improvements on an 11,651-square-foot LAR3 lot, with a family-friendly unit mix of six 2BR/2BA units, one 3BR/2BA unit, and one 3BR/2BA + Den unit, a large-unit configuration that appeals directly to the long-tenure family renters who anchor demand in the Tarzana submarket. The building has already completed its mandatory soft-story seismic retrofit (September 2020). Most importantly, the property is being delivered 100% vacant, an exceptionally rare offering in a City of LA RSO submarket, allowing an incoming owner to renovate, reposition, and lease all eight units at market rents from day one, free of the rent-roll drag and tenant-in-place constraints that typically weigh on rent-controlled Valley assets. 18611 Clark Street represents a compelling opportunity to acquire a value-add multifamily asset in one of the San Fernando Valley's most supply-constrained rental corridors.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,500,000

AD Id : 77771432

MLS Id : 26815953

Beds : 17

Lot Size : 11,655 Sqft

Living Area Size : 7,960

Year Built : 1964

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 17

    Bathroom Information

    Total Baths: 16 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1964 Building Area Total: 7,960

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2676
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 11655

  • Listing Price Information

    Original List Price: 2,500,000 Listing Contract Date: 2026-04-27
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2160005012

  • Garage and Parking

    Garage Description: Carport,Driveway Down Slope From Street

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: TAR - Tarzana Directions: Just West of Reseda Blvd, South of 101 Fwy, North of Ventura Blvd, Zoning: LAR3 Source Property Type: Residential Income Area: TAR - Tarzana
  • Building and Construction

    Property Age: 62 Year Built Source: Vendor Enhanced Total Square Feet Living: 7960 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5941 Etiwanda Avenue, Tarzana, CA, 91356 $1,249,000 3 3 1,600 1,600 SqFt
5300 Garden Grove Avenue, Tarzana, CA, 91356 $1,025,000 4 1 2,033 2,033 SqFt
5161 Nestle Avenue, Tarzana, CA, 91356 $1,375,000 3 2 1,884 1,884 SqFt
4938 Chimineas, Tarzana, CA, 91356 $1,149,000 2 1 813 813 SqFt
5131 Etiwanda Avenue, Tarzana, CA, 91356 $2,495,000 4 5 3,723 3,723 SqFt
18100 Karen Drive, Tarzana, CA, 91356 $4,299,000 5 2 5,080 5,080 SqFt
18234 Sugarman Street, Tarzana, CA, 91356 $1,549,000 4 -- 1,422 1,422 SqFt
4723 Dunas Lane, Tarzana, CA, 91356 $1,900,000 3 3 2,112 2,112 SqFt
5128 Avenida Hacienda, Tarzana, CA, 91356 $3,150,000 5 4 4,537 4,537 SqFt
18550 Hatteras Street #14, Tarzana, CA, 91356 $589,995 2 2 1,203 1,203 SqFt

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ByOwner last updated this listing 06/14/2026 @ 19:26

MLS: 26815953 LISTED BY: Michael Monempour, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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