For SaleRisky Deal114 days on market

18762 Wells Dr

18762 Wells Dr, Tarzana, CA 91356, Tarzana, CA 91356
$6,495,000
Estimate®:$5,972,300

Listing Price

Property image 1
18762 Wells Dr, Tarzana, CA 91356
Loc: Tarzana, CA
Days Listed
114
Tax Assessed
$7922k
Estimate®
$5972k
Market Rate
Lot Size
1.64 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Wilbur Charter For Enriched Academics

K-5
0.3 mi away
9

Gaspar De Portola Middle School

6-8
0.4 mi away
9

Taft Charter High

9-12
1.8 mi away
Local Investment Market Context

Tarzana (Los Angeles County)

Typical Cap Rate: 4.8% - 6.2% · Avg Rent: $4,200 - $7,800 · Median: $1,425,000

View Tarzana Report

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Residential, Single Family Residence1940CentralCentral Air, Zoned3 Garage spaces1.64 Acres114 Days$795

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.88%
Total ROI
86.6%
Cash Flow
$-1,891/mo
DSCR
0.94
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,891/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.9%)
  • Strong rental demand in Tarzana
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-01Listed for sale$6,495,000$795
2026-05-04Listing removed$6,845,000$837
2026-01-28Listed for sale$6,845,000$837
2025-10-21Listing removed$7,695,000$941
2025-04-30Listed for sale$7,695,000$941
2024-10-23Listing removed$8,495,000$1,039
2024-09-11Price change$8,495,000$1,039
2024-07-30Listed for sale$8,995,000$1,100
2021-03-16Sold$7,175,000$878
2021-01-28Pending sale$7,800,003$954
2021-01-26Contingent$7,800,003$954
2020-12-08Listed for sale$7,800,003$954
2000-02-29Sold$323,182$40

Tax History

YearProperty TaxTax Assessment
2026$0$7,921,776
2025$93,664.59$7,766,448
2024$92,462.13$7,614,166
2023$90,649.11$7,464,870
2022$86,422.61$7,318,500
2021$25,537$2,100,000
2020$25,215.65$2,030,000
2019$25,215.65$2,030,000
2018$23,948.52$1,962,020
2017$23,948.52$1,720,000
2016$20,998.78$1,720,000
2015$20,918.24$1,540,000
2014$17,401.57$1,390,000
2012$0$1,055,000
2011$0$1,200,000
2010$0$1,200,000
2009$0$2,597,836
2008$0$2,546,899
2007$0$2,496,960
2006$0$2,448,000
2005$0$307,570
2004$0$295,629
2003$0$290,212
2002$0$284,523
2000$0$296,062
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
8
Sq Ft
8,174

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