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18841 Pasadero Drive — Tarzana — 4 Beds • 4 Baths • 4,127 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+26 more

$2,399,000

0 DOM

$581/sqft4 bd4 ba4,127 sqft

Call

18841 Pasadero Dr Tarzana, CA 91356

14,957sqft lot

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.

MLS SR26066128

424-230-3700 (Office) 818-900-4259 (Cell) GeorgeAndGina@TheAgencyRE.com

Est. payment

$15,330/mo

Principal & interestTaxesInsurance

$12,131$2,499$700

Down %

Rate %

Years

Down payment: $479,800 · Total cost: $4,846,834

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$15,330/mo

Principal & interest: $12,131
Est. property tax: $2,499
Est. insurance: $700
Down payment: $479,800

Est. gross rent$9,996/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-5,334/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.