14126 Tiara Street, Van Nuys, CA 91401

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).