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ActiveCondominium

18307 Burbank Boulevard 131

Tarzana, CA, 91356

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$299,000

MLS: SR26151331

Beds

1

Baths

1

Sq Ft

679

Lot

5.42 ac

Year Built

1970

MLS #

SR26151331

Days on Market

25

Listed

Jul 10, 2026

Description

Welcome to Villa Lorena in Tarzana. This bright and inviting 1-bedroom, 1-bath condominium offers 679 square feet of comfortable living space in a gated community with a desirable pool-facing location. Inside, the home features an efficient floor plan with clean neutral finishes, wood-look flooring, a functional galley kitchen, and a spacious bedroom with mirrored closet doors. The pool view adds a relaxing, resort-style feel, while the layout offers an easy flow for everyday living. Villa Lorena is known for its landscaped grounds and community amenities, including a sparkling pool, spa areas, clubhouse/recreation space, laundry facilities, and assigned parking. The location is highly convenient, with easy access to Ventura Boulevard, local restaurants, shopping, grocery stores, Balboa Park, and the 101 freeway. A great opportunity to own in a well-located Tarzana community at an unbeatable price!

Location

Tarzana, Los Angeles County, CA 91356

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Listed by: Christoffer Lunde · Equity Union

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$2,946

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $29,900 · Loan: $269,100

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$1,729
Property tax (1.25%)
$311
Homeowners insurance
$300
Mortgage insurance
$112
HOA dues
$493
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Tarzana home with as little as 3.5% down using an FHA loan — roughly $10,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 91356 (Tarzana)within ±10% of this home's price and size.

Local Market Stats

See Tarzana, CA 91356 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.