Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

18841 Pasadero Drive

Tarzana, CA, 91356

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$2,399,000

MLS: SR26066128

Beds

4

Baths

4

Sq Ft

4,127

Lot

0.34 ac

Year Built

1965

MLS #

SR26066128

Days on Market

9

Listed

Apr 12, 2026

Description

Set behind gates in a desirable Tarzana neighborhood, 18841 Pasadero Dr presents a unique opportunity with endless potential. This expansive single story residence offers approximately 4,127 square feet of living space on a generous 14,957 square foot lot, featuring 4 bedrooms and 4.5 bathrooms. The property comes with RTI plans for a full interior renovation, allowing a buyer to transform the home into a modern, luxury residence tailored to their vision. Delivered vacant and previously operating as a licensed DHCS facility, the home is fully fenced for privacy and security and includes a converted garage utilized as office space, adding functional versatility. The property is also Joint Commission accredited, meeting all regulatory standards. This offering is ideal for both end users and investors, with the option to continue operating as a detox care facility or reimagine the home for personal use. All furniture, security cameras, equipment, appliances, and internet setup are included, creating a true turnkey opportunity. Assistance with licensing or transferring an existing license is available for an additional fee. The property also includes plans for an SB9, featuring a proposed approximately 800 square foot structure with 3 bedrooms and 2 bathrooms, along with the potential to add up to 6 additional beds. Ideally located near Braemar and El Caballero Country Clubs, Tarzana Village Walk, top dining and shopping, and with easy access to hiking trails and highly rated schools, this is a rare opportunity to acquire a flexible, high upside property in a prime Tarzana location.

Location

Tarzana, Los Angeles County, CA 91356

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Listed by: George Ouzounian · The Agency

Payment estimate

$16,964

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $239,900 · Loan: $2,159,100

%
Principal & Interest
$13,266
Property tax (1.25%)
$2,499
Homeowners insurance
$300
Mortgage insurance
$900
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $83,965 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.

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Local Market Stats

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

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