14403 Tiara Street

    Van Nuys, CA 91401
    • $5,500,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 19523912
    UPDATED: 16 min ago
    $5,500,000
    • 24
      BEDS
    • 0.32
      ACRES
    • 24
      BATHS
    • 0
      1/2 BATHS
    • 17,318
      SQFT
    • $318
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    We are proud to present this beautiful, brand-new, 2019 construction property in the best pocket of Van Nuys, which is just north of the Sherman Oaks city border. The property is comprised of 8 identical townhouse units that are all huge, 1,800 square foot 3-bed / 3-bath units. On a lot of nearly one third of an acre, this well constructed building has a total square footage of 17,318 sq.ft., with each unit having a private 2-car garage and in unit washer/dryer.This brand new construction property just received the certificate of occupancy this month. In order to prove the rental market, the seller has successfully leased out one of the eight identical units at $3,850/month, with that tenant also paying for all their own utilities, including water, gas, and electric.

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    Based on information from CARETS as of 2019-11-18T11:32:10.42. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/100272960

    14403 Tiara Street Van Nuys, CA 91401

    • Price: $5,500,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 19523912
    24
    Beds
    24
    Baths
    0
    ½ Baths
    0.32
    Acres
    17,318
    SQFT
    $318
    $/SQFT
    1939
    Built
    Neighborhood:
    Sherman Oaks (So)
    County:
    Los Angeles
    Area:
    Sherman Oaks (So)
    Property Description
    We are proud to present this beautiful, brand-new, 2019 construction property in the best pocket of Van Nuys, which is just north of the Sherman Oaks city border. The property is comprised of 8 identical townhouse units that are all huge, 1,800 square foot 3-bed / 3-bath units. On a lot of nearly one third of an acre, this well constructed building has a total square footage of 17,318 sq.ft., with each unit having a private 2-car garage and in unit washer/dryer.This brand new construction property just received the certificate of occupancy this month. In order to prove the rental market, the seller has successfully leased out one of the eight identical units at $3,850/month, with that tenant also paying for all their own utilities, including water, gas, and electric.
    Exterior Features

    Lot Size Dimension Description A0.32 Parking Spaces Total 16 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 3.0 Unit Number Of Bath02 3.0 Unit Number Of Bath03 3.0 Unit Number Of Bath04 3.0 Unit Number Of Bath05 3.0 Unit Number Of Bath06 3.0 Unit Number Of Bath07 3.0 Unit Number Of Bath08 3.0 Unit Number Of Bed01 3 Unit Number Of Bed02 3 Unit Number Of Bed03 3 Unit Number Of Bed04 3 Unit Number Of Bed05 3 Unit Number Of Bed06 3 Unit Number Of Bed07 3 Unit Number Of Bed08 3

    Property Features

    Adjusted Gross Income 358512.00 Assessed Improvement Value 0.00 Assessed Land Value 1071000.00 Cap Rate 4.74 Country United States Of America Expense Total Annual 97844.00 Gross Operating Income 369600.00 Gross Rent Multiplier 14.88 Hoa YN N Legal Disclosures Other Lot Size Source Other Net Operating Income 260668.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 3850.00 Unit Monthly Rent02 3850.00 Unit Monthly Rent03 3850.00 Unit Monthly Rent04 3850.00 Unit Monthly Rent05 3850.00 Unit Monthly Rent06 3850.00 Unit Monthly Rent07 3850.00 Unit Monthly Rent08 3850.00 Unit Projected Total Monthly Rent01 3950.00 Unit Projected Total Monthly Rent02 3950.00 Unit Projected Total Monthly Rent03 3950.00 Unit Projected Total Monthly Rent04 3950.00 Unit Projected Total Monthly Rent05 3950.00 Unit Projected Total Monthly Rent06 3950.00 Unit Projected Total Monthly Rent07 3950.00 Unit Projected Total Monthly Rent08 3950.00 Unit Total Monthly Rent01 3850.00 Unit Total Monthly Rent02 3850.00 Unit Total Monthly Rent03 3850.00 Unit Total Monthly Rent04 3850.00 Unit Total Monthly Rent05 3850.00 Unit Total Monthly Rent06 3850.00 Unit Total Monthly Rent07 3850.00 Unit Total Monthly Rent08 3850.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 8 Zoning Lard1.5

    Listing provided courtesy of Filip Niculete DRE#01905352 of Marcus & Millichap.


    Based on information from CARETS as of 2019-11-18T11:32:10.42. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Agency
    331 N Foothill Rd, #100
    Beverly Hills CA, 90210