Originally named after the fictional character “Tarzan of the Apes” as a tribute to writer Edgar Rice Burroughs, Tarzana is located less than 20 miles from Los Angeles just over the Hollywood Hills in the San Fernando Valley. Constructed along the 101 freeway and just minutes away from Interstate 405, Tarzana has easy access to the surrounding areas and interstate travel. This community is part of the Greater Los Angeles area and is home to about 26,000 residents.
Students in grades K-12 are served by the Los Angeles Unified School District and can take advantage of several enrichment programs offered by middle and high schools. For higher learning, the top-ranked University of California at Los Angeles is less than 20 minutes away. Recreational amenities are provided by well-kept neighborhood parks, community-run facilities such as the Tarzana Recreation Center, and other recreational sites such as golf courses at the Braemar and El Caballero country clubs. Tarzana also offers excellent shopping and fine dining. Other art, cultural and recreational activities may be sought out in the nearby city of Los Angeles. Real estate options consist of single-family detached homes, estate properties, condominiums, townhouses and land lots.
Tarzana Real Estate Market: Price Range of Tarzana Homes for Sale
The real estate market in Tarzana is comprised mainly of single-family homes in gated and non-gated neighborhoods within distance from the schools of Los Angeles Unified School District and UCLA. Home prices in Tarzana start at $400,000. Contemporary estate properties with spas, swimming pools, multiple fireplaces and scenic canyon views range from the high $700,000s to close to $8 million. Potential homeowners will also find that Tarzana’s condo and townhome market is just as diverse. Prices for Tarzana condominiums and townhouses range from $250,000 to $425,000.
Tarzana Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $787,264 compared to $761,190 the previous week, showing a increase of more than +3%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Tarzana CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Tarzana to help you find the best home!