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

14349 Tiara Street, Sherman Oaks, California 91401 home-pic-0
ACTIVE$1,699,990
14349 Tiara Street, Sherman Oaks, California 91401
0Bed
0Bath
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
SR25023981
Home ConditionGood
Features
Deck
View-

About this home

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

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
Good

This duplex, built in 1941, has been extensively upgraded over the years, including a new roof in 2020, which falls within the 5-year renovation window for major systems. The front house features a renovated kitchen with custom cabinets, granite countertops, mosaic backsplash, and modern amenities like soft-close drawers, under-cabinet lighting, recessed lighting, Lutron smart switches, and a Nest thermostat. Bathrooms have newer vanities and LVP flooring, with at least one shower updated with subway tile. The back house is newly painted and has new blinds. While the kitchen backsplash style isn't cutting-edge, the overall condition is move-in ready with no immediate renovations required, and major systems are updated and functional, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: This property is a well-maintained duplex, offering two large, separate units (3 bed/2 bath front, 3 bed/3 bath back) ideal for investors seeking rental income or owner-occupiers looking for a house-hacking opportunity.
Extensive Modern Upgrades: Both units have undergone significant renovations, including updated flooring, remodeled kitchens with custom cabinetry and granite countertops, newer bathroom vanities, and smart home features like Lutron switches and Nest thermostats, reducing immediate buyer expenses.
Separate Utilities (Gas & Electric): A key advantage for a duplex, separate gas and electrical meters for each unit simplify tenant billing and management, making it more attractive for rental purposes.
Enhanced Security & Privacy: The property features a gated entry with an automatic opener and digital lock, along with a security surveillance system, providing residents with increased privacy and peace of mind.
Ample Parking & Direct Access Garages: The inclusion of two oversized two-car garages with custom doors and direct access into each house offers substantial and secure parking, storage, and convenience for both residents.

Cons

Single Water Meter: Despite separate gas and electric meters, the property has only one water meter, meaning the landlord will likely be responsible for the water bill or need to implement a sub-metering/allocation system for tenants.
Age-Related Infrastructure Concerns: Built in 1941, while extensively upgraded cosmetically and with a new roof, the underlying plumbing, electrical (beyond smart switches), or foundation systems may still be original or older, potentially leading to unforeseen maintenance issues.
Limited Defined Private Outdoor Space: While there's a front yard and a backhouse balcony, the description doesn't clearly delineate substantial, private outdoor living areas for each unit, which can be a highly sought-after amenity for duplex tenants.

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