$4,975,000
$5,200,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
28 Beds
32 Baths
15,188 SqFt
SOLD DATE : 09/29/2023
Key Details
Sold Price $4,975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,188 sqft
Price per Sqft $327
MLS Listing ID 23288337
Sold Date 09/29/23
Bedrooms 28
HOA Y/N No
Year Built 1988
Lot Size 0.310 Acres
Property Description
We are proud to present the opportunity to acquire 14126 Tiara St, a 16-unit gem tucked away on a lightly trafficked street in Van Nuys less than half a mile from the Sherman Oaks border. The property was constructed in 1988 making it not subject to Los Angeles City's rent control. Surrounded by a mix of single family homes and low density apartment communities, the location offers a suburban feel allowing residents to escape the hustle and bustle of Los Angeles. The property features a highly attractive unit mix of four (1+1), eight (2+2), and four (2 + 2 townhouse style) units. Each unit has undergone detailed and thoughtful upgrades that set it apart from the vast majority of rental options in the area. Some of the significant improvements made to the unit interiors include sleek kitchen countertops, recessed lighting, new floors, and contemporary bathroom tiles. Select units feature private balconies. The property's amenities include on-site laundry, central A/C, and secure covered parking. The property features 28 covered parking spaces and 4 uncovered spaces. The property is being offered with the opportunity to assume an existing loan at a 3.95 percent rate fixed until June 2026 (Buyer to verify).
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Community Structure
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2245030030
Special Listing Condition Standard
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Bought with Jon Emrani • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "