14349 Tiara Street, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 6 bed, 5 bath

14349 Tiara Street, Sherman Oaks, California 91401 home-pic-0
ACTIVE$1,699,990
14349 Tiara Street, Sherman Oaks, California 91401
6Beds
5Baths
3,590Sqft
6,909Lot
Year Built
1941
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$474
HOA
-
Days on market
-
Sold On
-
MLS number
SR25023517
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(75th), sqft - 3590(50th), beds - 6(75th), baths - 5(75th).

This unique, gorgeous gated duplex has been extensively upgraded over the years and is located in Sherman Oaks, formerly Van Nuys neighborhood, close to METRO, Van Nuys Court House, shopping, etc. There are 2 large two-story units with a combined 3590 sq. ft. The property exudes true "Pride of ownership." Here are a few notable features:The FRONT HOUSE has 3 bedrooms and 2 baths. The downstairs bedroom functions as an office. The entire home boasts renovated laminate flooring, LVP flooring in the bathrooms, and newer vanities. The kitchen has abundant custom cabinets with soft close, pantry pull-out shelves, two lazy Susan cabinets, granite countertops with mosaic backsplash, and under-cabinet lighting. Other features include recessed lighting, Lutron smart lighting switches, a smart nest thermostat, a newer water heater, and more. The BACKHOUSE (14347 Tiara) is newly painted and features three bedrooms and three bathrooms. It includes a high ceiling, a large living room with a cozy fireplace, new blinds, and a master suite with its own bath, balcony, and double closet. All bedrooms are located on the second floor. The property is gated with an automatic gate opener, separate entry with a mechanical digital gate lock, two oversized two-car garages with custom doors and openers, direct access into the houses from the garages, laundry hook-ups, security surveillance system with cameras, sprinklers in the front yard with an automatic programmable timer, and a new roof installed in 2020. Additionally, it has one water meter but separate electrical and gas meters.

Condition Rating
Fair

The property, built in 1941, has seen significant upgrades including a new roof in 2020 and smart home features. The front unit appears well-renovated with modern flooring, updated bathrooms, and a kitchen featuring custom cabinets, granite countertops, and recessed lighting. However, the back unit's kitchen, as depicted in the images, is notably dated with white tile countertops, older white appliances, and cabinets with wood trim, indicating it has not received the same level of recent renovation as the front unit. While functional, this kitchen and some bathrooms in the back unit show clear signs of being outdated and would require more than minor updates to meet current aesthetic and functional standards. The overall condition is a mix, with the dated elements in the back unit pulling the property into the 'Fair' category, as it requires substantial updates in key areas to achieve a consistently modern feel.
Pros & Cons

Pros

Income-Generating Duplex: This property is a unique, large duplex featuring two separate two-story units (3 bed/2 bath and 3 bed/3 bath) totaling 3590 sq. ft., offering significant income potential or multi-generational living opportunities.
Extensive Modern Upgrades: Both units have been extensively upgraded with renovated laminate and LVP flooring, custom kitchen cabinets with soft close, granite countertops, recessed lighting, Lutron smart switches, and a Nest thermostat, ensuring a modern and comfortable living experience.
Recent Major Capital Improvement: A new roof was installed in 2020, providing significant value, reducing immediate maintenance concerns, and enhancing the property's long-term durability.
Enhanced Security and Privacy: The property is gated with an automatic gate opener, mechanical digital gate lock, and a security surveillance system with cameras, offering superior privacy and peace of mind.
Prime Sherman Oaks Location: Located in a desirable Sherman Oaks neighborhood, the property offers excellent accessibility to METRO, Van Nuys Court House, and various shopping destinations, enhancing its appeal and potential for rental demand.

Cons

Shared Water Meter: While electrical and gas meters are separate, the property has only one water meter, which could lead to complexities in billing tenants or result in the landlord bearing the full water cost for both units.
Age of Original Construction: Despite extensive upgrades, the property was built in 1941, which may imply potential for underlying issues with original plumbing, electrical systems (beyond noted upgrades), or foundation that could require future attention.
Limited Defined Private Outdoor Space: The description highlights a balcony for the backhouse but does not clearly detail dedicated private outdoor areas for each unit, which could be a drawback for tenants or owners seeking more individual outdoor living space.

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