14403 Tiara Street, Van Nuys, CA 91401

$5,500,000
24
BD
24
BA
17,318
SqFt
List Price
$5,500,000
Price Change
▲ $500,000 1579828594
MLS#
19523912
Bedrooms
24
Bathrooms
24
Living Sq. Ft
17,318
Lot Size
13,939
Property Type
Multifamily
Status
Active

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.

Additional Information

Units
8
Net Operating Income
$260,668
Total Parking Spaces
16
Year Built
1939
View
Parking
Other
Heat
Other
Cooling
Other

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Filip Niculete.

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