$2,500,000

18611 Clark Street, Tarzana, CA 91356

  • 17 beds |
  • 16 baths |
  • 7,960 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $314/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

*** 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.

Listing Status:
Active
Date Added:
April 27, 2026
Data Last Updated:
May 20, 2026 at 8:18PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Michael Monempour : 310-883-7070
MLS ID:
26815953
  • A/C: None
  • Heating: None
  • Parking: CarportDriveway Down Slope From StreetParking spaces: 8
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR32160005012
  • Source: CRMLS_CL

This listing courtesy of Michael Monempour , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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