Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSR24159057
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Gas
Exterior Features
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Mark Gilmore
RE/MAX One
License #: 01193617
Phone: (818) 522-4249
Co-Listing Agent
Floyd Lima
License #: 00786105
Phone: (818) 357-7025
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
14329 Tiara St is a Residential Income in Sherman Oaks, CA 91401. This – square foot property sits on a 6,906 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $930,000 and was built in 1940. This address can also be written as 14329 Tiara St, Sherman Oaks, CA 91401.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Mark Gilmore, (818) 522-4249
