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    14349 Tiara St Sherman Oaks, CA 91401

    View on Map
    Sponsored
    For Sale
    $1,580,500

    Traditional, Duplex - Sherman Oaks, CA

    Type:Duplex
    Property size:
    3,590 SF
    Lot size:
    6,909.00 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 7 at 4:06 am

    Property Features for 14349 Tiara St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    LARD2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    6
    Bathrooms
    5
    APN
    2245017023
    Parking
    8
    Parking features
    Garage
    Interior features
    Balcony, High Ceilings, 2 Staircases, Recessed Lighting, Granite Counters, Parking, Double Door Entry
    Exterior features
    Fence, Community Features Included: Urban, Sidewalks, Lot 6500-9999, Rectangular Lot, Level, Front Yard, Back Yard
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Range, Range - Gas, Washer
    Size
    3,590 SF
    Lot size
    6,909.00 Acres

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1941
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Tile
    Building materials
    Frame
    Roof type
    Composition, Shingle
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Greg Chermakyan

    Management Systems, Corporation (818) 363-6116

    Listing agent Greg Chermakyan (818) 363-6116 License #01232572

    Listing date Mar 6, 2026

    MLS# SR26049846 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Sherman Oaks Gated Duplex

    This gated duplex, located in a Van Nuys / Sherman Oaks adjacent neighborhood, has been upgraded. The property offers a combined 3,590 square feet of living space and includes two two-story units. The unit at 14349 Tiara Street features 3 bedrooms (with a downstairs bedroom currently used as an office) and 2 bathrooms with LP flooring and newer cabinetry. It also includes renovated laminate flooring, an upgraded kitchen with custom soft-close cabinets, under-cabinet lighting, a pantry with pull-out shelves, two Lazy Susan cabinets, granite countertops, and a mosaic backsplash. Additional features include recessed lighting, Lutron smart lighting switches, a newer water heater, energy-efficient dual-pane windows, and central air and heat with a smart Nest thermostat. The unit at 14347 Tiara Street features a newly painted interior, a large living room with high ceilings and a gas-burning fireplace, 3 upstairs bedrooms, a primary suite with a private bathroom, balcony, and double closets, and 3 bathrooms with tile flooring. It also has laminate flooring, a large open kitchen, new blinds, energy-efficient dual-pane windows, central air and heat, and a newer 50-gallon water heater. Both units include a fully fenced property with an automatic security gate and digital mechanical lock, two oversized two-car direct-access garages with custom doors and openers, laundry areas, a security surveillance system with cameras, a front yard sprinkler system with an automatic programmable timer, and a new roof installed in 2020. The property has one water meter with separate gas and electrical meters. The property, situated on a lot of approximately 0.15 acres, is zoned LARD2. It is suitable for multi-generational living or as an investment opportunity with a projected 5.4% cap rate. Furniture is available for purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.4460487
    Latitude
    34.1786096

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    FAQs

    What type of property is this?
    Duplex - Upgraded duplex in prime Sherman Oaks adjacent neighborhood.
    Where is this duplex located?
    The property is located at 14349 Tiara St Sherman Oaks, CA.
    What is the asking price?
    The asking price for this property is $1,580,500.
    What are key features of this property?
    This property features: - Gated duplex in a desirable Van Nuys/Sherman Oaks adjacent location; - Two spacious units totaling 3,590 sq ft, great for living or rental; - Upgraded kitchens with custom cabinets and granite countertops
    (818) 381-2143
    Request Owner's contact information
    14349 Tiara St Sherman Oaks, CA 91401
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    Sherman Oaks, CA 91401
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14349 Tiara St Sherman Oaks, CA 91401
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    We can help!
    Listing Contact
    Greg Chermakyan
    Real Estate License ID: 01232572
    (818) 381-2143 (818) 363-6116
    Learn more
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