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.
Sold for $930,000
Listed by: RE/MAX One • Mark Gilmore • Contact: 818-522-4249
Bought with: NONMEMBER MRML
Tax assessed value
$930,000
14329 Tiara St, Van Nuys, CA 91401
6beds
5baths
3,396sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$274/sqft
$5,254 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,254/mo
Zestimate® history
Owner options
List your home for rent
$5,254/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$5,254/mo
Rent Zestimate®
Refinance and save
$5,883/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,883/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Mark Gilmore DRE #01193617 818-522-4249,
RE/MAX One,
Floyd Lima DRE #00786105 818-357-7025,
Mel Wilson & Associates - Realtors
Bought with:
General NONMEMBER, DRE #01949728
NONMEMBER MRML
Source: CRMLS,MLS#: SR24159057
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Rooms
- Room types: Laundry
Heating
- Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Outside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,396
- Total interior livable area: 3,396 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,906 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 2245017019
- Zoning: LARD2
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Biking, Curbs
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $930,000
- Annual tax amount: $12,000
- Date on market: 8/2/2024
- Cumulative days on market: 47 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: All Utilities, Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $930,000-22.2%$274/sqft |
Source:  CRMLS #SR24159057 Report a problem | ||
| 9/19/2024 | Contingent | $1,195,000$352/sqft |
Source: CRMLS #SR24159057 Report a problem | ||
| 8/2/2024 | Listed for sale | $1,195,000$352/sqft |
Source: CRMLS #SR24159057 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,000 +105.5% | $930,000 +125.3% |
| 2024 | $5,839 +1.7% | $412,753 +2% |
| 2023 | $5,741 +4.3% | $404,661 +2% |
| 2022 | $5,504 +1.4% | $396,727 +2% |
| 2021 | $5,425 -0.8% | $388,949 +1% |
| 2020 | $5,469 | $384,961 +2% |
| 2019 | $5,469 +5.7% | $377,414 +2% |
| 2018 | $5,175 | $370,015 +2% |
| 2017 | $5,175 +2.9% | $362,760 +2% |
| 2016 | $5,027 +2.9% | $355,648 +1.5% |
| 2015 | $4,887 +0.3% | $350,307 +2% |
| 2014 | $4,872 | $343,446 +5.3% |
| 2010 | -- | $326,166 -0.2% |
| 2009 | -- | $326,942 +2% |
| 2008 | -- | $320,532 +2% |
| 2007 | -- | $314,248 +2% |
| 2005 | -- | $308,087 +4% |
| 2004 | -- | $296,126 +3.9% |
| 2002 | -- | $285,000 |
Find assessor info on the county website
Neighborhood: Sherman Oaks
Nearby homes
- $1,269,2007 bd6 ba2.9k sqft14323 Tiara St, Van Nuys, CA 91401Off Market
- $1,075,0003 bd2 ba1.4k sqft14333 Tiara St, Van Nuys, CA 91401For Sale
- $---- bd1 ba600 sqft14319 Tiara St APT 2, Van Nuys, CA 91401Off Market
- $988,0001 bd1 ba1k sqft14319 Tiara St, Van Nuys, CA 91401Off Market
- $--1 bd1 ba600 sqft14319 Tiara St APT 3, Van Nuys, CA 91401Off Market
- $--1 bd1 ba750 sqft14339 Tiara St APT 2, Van Nuys, CA 91401Off Market
- $--1 bd1 ba650 sqft14339 Tiara St APT 4, Van Nuys, CA 91401Off Market
- $795,5001 bd1 ba750 sqft14339 Tiara St APT 5, Van Nuys, CA 91401Off Market
Nearby schools
GreatSchools rating
- 8/10Chandler ElementaryGrades: K-5Distance: 0.9 mi
- 6/10Van Nuys Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Van Nuys Senior High SchoolGrades: 9-12Distance: 0.8 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- California
- Los Angeles County
- Los Angeles
- 91401
- Sherman Oaks
- 14329 Tiara St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
