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14329 Tiara Street
Sherman Oaks, CA 91401
Residential Multi Family (Apartment)
0.16 Acres
3396 Sqft Living Area
6 Bedrooms
5 Bathrooms (5 Full, 0 Half)
Year Built: 1940
$1,195,000
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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. If you are a first time investor or interested in living in one unit and renting the other four units, this is your opportunity. Call to arrange a private showing.
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Contact Details
Name: Mark Gilmore
Email: mark@markgilmore.com
MLS Listing Id: SR24159057
Agent Phone: (818) 522-4249
List Agent License: 01193617
Office Name: RE/MAX One
Office Phone: (818) 346-7362
Office MLS Id: F3188007
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
