11425 Tiara Street

Property Overview

11425 Tiara is a premium owner-user building, that can be delivered fully vacant, with a remodeled owner's unit. The new buyer has the opportunity to select all tenants, buy and share with family or friends. The building can also be delivered fully rented, which when stabilized, generates $162,000 of gross income, and a 5.5% Cap Rate. The property qualifies for an FHA owner user loan at this price with only a 3.5% down payment. There are 3 oversized four-bedroom units, averaging 1,500 sq. feet each, which is extremely rare. Additionally, to increase profitability, you can build up to 3 ADUs on the site. Adjacent to the NoHo Arts District, this property is close to studios, entertainment, dining and public transit, in a rapidly growing area. Convenienetly located across the street from Maurice Sendak Elementary School, and right near the North Hollywood Metro Station, the property benefits from proximity to major employment hubs, transit, and a thriving live-work-play environment. With an 85 Walking Score, tenant demand is very strong due to nearby stores like Target and Trader Joe's, and top dining options such as Idle Hour and The Front Yard.

Home Details

Property type: Residential Income
Year built: 1980
Living area: 4,503 sq ft
Lot size: 7,038 sq ft
Parking: 6 spaces
Days on market: 8
MLS status: Active
Zoning: LAR3

Features & Amenities

Parking

Assigned
Private
One Space

Community, Schools & Utilities

Utilities

Heating: Central
Cooling: CentralAir

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Location & Neighborhood

Los Angeles, CA 91601

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Frequently Asked Questions About 11425 Tiara Street

Property type: Residential Income

The current asking price is $1,850,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 11425 Tiara Street. Our team will confirm availability and timing.

This 12 bedrooms and 8 bathrooms property offers approximately 4,503 square feet of living space. It was built in 1980. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.