14329 Tiara Street, Sherman Oaks, CA 91401
-
Sold Price :
$930,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1940
Property Description
This five unit asset is located in the annexed neighborhood of Sherman Oaks (formerly Van Nuys) and has HUGE upside rent potential. Because this area is undergoing revitalization, the property's future value may also be enhanced as a result. Located close to transportation corridors, there is easy freeway access, only minutes to the Encino-Balboa Recreation facility, as well as Woodley Lake. There are abundant jogging paths, soccer fields and paddle boats which makes this location a high demand area for tenants. The building itself has a unit mix of one 2-bedroom unit and four 1 bedroom units. There is off-street parking at the back of the building for added tenant convenience. Tenants have been in the property long term and rents simply have not been raised. The building is fully leased and there are no vacant units. The property is a prime investment opportunity for those looking to capitalize on its potential. This is an excellent canvas for the investor with creativity and imagination to unlock the hidden value in this jewel.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Outside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
14329 Tiara Street |
| City |
Sherman Oaks |
| State |
CA |
| Zip |
91401 |
| County |
Los Angeles |
| Listing Agent |
Mark Gilmore DRE #01193617 |
| Co-Listing Agent |
Floyd Lima DRE #00786105 |
| Courtesy Of |
RE/MAX One |
| Close Price |
$930,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
6,906 |
| Year Built |
1940 |
Listing information courtesy of: Mark Gilmore, Floyd Lima, RE/MAX One. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 5th, 2024 at 1:05 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
