14329 Tiara Street

14329-31 Tiara Street, Sherman Oaks, CA 91401

  • For Sale $1,195,000
  • Property Type Multi-Family
  • Property Size 3,396 SF
  • Units 5
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 4
  • Property Tenancy Multi-Tenant
  • Year Built 1940
  • Date Updated Aug 21, 2024
This five unit asset is located in the northern most portion of Sherman Oaks on a tree-lined street nestled among single family homes. Close to transportation corridors, this area is undergoing revitalization and residential income values are benefiting from this change. Within 3 miles of the property is famed Ventura Blvd with its shops and restaurants along with easy freeway access to the 101 and 405 freeways. Hollywood and the Westside are only minutes away with this centralized location. Tenants from around the LA Basin can find this location home, which increases tenant demand. The property is fully stabilized with long term tenants. Rents for the property are well below market, which creates an excellent opportunity for the investor with imagination and creativity to unlock the true value. There is huge upside potential in both rents and capitalization rates. The building has off street parking for tenant convenience, wall air conditioning, has been well maintained and has had a history of high occupancy rates.Introducing a prime investment opportunity in Sherman Oaks, CA! This 3,396 SF multifamily property boasts a prime location and 100% occupancy, offering immediate investment returns. Built in 1940, the 5-unit building is an attractive prospect for mid-rise investors seeking a well-maintained asset in a sought-after area. Zoned LARD2, this property presents potential for expansion or redevelopment. With strong historical performance and a proven rental track record, this property promises a secure and lucrative addition to any investment portfolio. Don't miss your chance to seize this exceptional investment opportunity with enduring appeal.

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Highlights

  • - 3,396 SF multifamily building
  • - 5 units with 100% occupancy
  • - Built in 1940, offering historical charm
  • - Zoned LARD2, potential for expansion or redevelopment
  • - Prime location in Sherman Oaks, CA

Contacts

broker

Mark Gilmore

RE/MAX One

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable
  • Transit Score ®

    57/100 Good Transit
  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Sherman Oaks, CA
  • Neighborhood Van Nuys
  • Zip Code 91401
  • Market Los Angeles

Points of Interest

  • North Hollywood

    3.99 miles

  • Burbank Airport–South

    5.35 miles

  • Universal City/Studio City

    5.48 miles

  • Lower Tram Station

    6.54 miles

  • Upper Tram Station

    7.15 miles

  • Downtown Burbank

    7.65 miles

  • Sylmar/San Fernando

    7.85 miles

  • Farmer's Market

    8.83 miles

  • RideShare Pickup/Dropoff Point

    9.27 miles

  • Westwood/Rancho Park

    9.89 miles

  • Valero

    0.33 miles

  • Mobil

    0.51 miles

  • Chevron

    0.82 miles

  • Arco

    0.91 miles

  • Costco Gasoline

    1.16 miles

  • Valero

    1.18 miles

  • United

    1.59 miles

  • Chevron

    1.78 miles

  • Shell

    1.85 miles

  • Chevron

    1.91 miles

  • Orange Line Parking

    0.19 miles

  • Student Parking Lot

    0.84 miles

  • Sepulveda Station Parking Lot

    1.33 miles

  • Lot A Parking

    1.40 miles

  • Lot H

    1.52 miles

  • Oak Tree Appartment gated parking

    1.59 miles

  • Lot G

    1.77 miles

  • TJ Maxx Parking

    1.87 miles

  • Bank of America Parking

    1.89 miles

  • National Bank of California Parking Structure

    1.96 miles

  • Hylandd Inn Van Nuys

    1.84 miles

  • Courtyard

    2.15 miles

  • East West Suites

    2.20 miles

  • Airtel Plaza Hotel

    2.87 miles

  • Sportsmen's Lodge

    2.97 miles

  • Panorama Motel

    3.12 miles

  • Holiday Inn Express

    3.24 miles

  • Palm Tree Inn

    3.33 miles

  • Super 8

    3.41 miles

  • Comfort Inn & Suites Near Universal - N. Hollywood - Burbank

    3.42 miles

  • Kobee Factory

    0.28 miles

  • Jersey Mike's Subs

    0.45 miles

  • Panda Express

    0.46 miles

  • PizzaRev

    0.46 miles

  • Chipotle

    0.47 miles

  • KFC

    0.53 miles

  • Restaurante Salvadoreño

    0.64 miles

  • McDonald's

    0.86 miles

  • Donut King

    0.87 miles

  • Carl's Jr.

    0.93 miles

  • Van Nuys Elementary School

    0.65 miles

  • Van Nuys Middle School

    0.78 miles

  • Will Rogers Continuation School

    0.80 miles

  • Van Nuys High School

    0.90 miles

  • Sylvan Park Elementary School

    0.94 miles

  • Saint Elisabeth School

    0.96 miles

  • Chandler Elementary School

    0.96 miles

  • Kester Elementary School

    1.08 miles

  • CHAMPS

    1.12 miles

  • Crossroads School

    1.15 miles

  • Tiny Thinkers Preschool

    3.87 miles

  • ABC Little School

    4.11 miles

  • Valley Presbyterian School

    4.52 miles

  • Sage Academy

    4.75 miles

  • Coldwater Preschool

    6.31 miles

  • Lokrantz School

    6.61 miles

  • Sunrise Child Care

    6.86 miles

  • Child Development

    7.77 miles

  • YWCA Child Development Center

    8.22 miles

  • Creative Center for Children

    8.61 miles

Frequently Asked Questions

How much does 14329 Tiara Street cost?

The space currently listed for sale at 14329 Tiara Street asks for $1,195,000.

What is the total square footage of 14329 Tiara Street?

14329 Tiara Street totals 3,396 square feet.

When was this property built?

14329 Tiara Street was built in 1940.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Mark Gilmore

RE/MAX One