Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

14403 Tiara Street . Van Nuys , CA 91401


For sale 8 Units | 2019 Construction locate in Van Nuys, California/ Non Rent Control. For more information please contact the listing agent, Arash Memary 818-212-2817 Arash.Memary@marcusmillichap.com

Posted: 07/07/2020 5:19 pm | On HOMEiZ: 1397 days | Updated: 3 years ago | Views: 621

Location Map

Property Type

Sold

Property Price

$5450000
$5450000
07/07/2020
0.32 Acres
$315
17318
Contact Listing Agent%
4.79%
$0
$261055
14.75
0.755%
$41148
New Construction

Property Location & Description

For sale 8 Units | 2019 Construction locate in Van Nuys, California/ Non Rent Control. For more information please contact the listing agent, Arash Memary 818-212-2817 Arash.Memary@marcusmillichap.com
Non Rent Control
Beautiful, brand-new, 2019 construction property. 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.
Locate in the best pocket of Van Nuys, which is just north of the Sherman Oaks city border.
8
$681250
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
3+3 
1800 
2.
 
 
 
3.
 
 
 
4.
 
 
 
5.
 
 
 
2
2019
Excellent
Built in 2019, Brand New Construction.
All Units are Huge 3 Bed / 3 Bath Townhouses
Proven Rents with Four Units Leased at $3,850.
Extremely Low Maintenance and Expenses – Very Easy Management
Each Unit Has a Private 2-Car Garage and in Unit Washer/Dryer

Property Information

Sewer

Sewer System (Public)

Parking

Garage - Attached
Off-street
On-street
Assigned Parking
16

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
N/A
Don't Know
Don't Know
Don't Know
Don't Know

Neighborhood lifestyle

Urban Core

More information

19-523912

Listing Info

Listing ID: 2342
Sold

For Sale

$5,450,000

Listing Presented by

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