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14239 Gilmore St
Van Nuys, CA 91401
1986 Construction | 64% Upside | $250K/Unit · Multifamily Property For Sale
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8 Units
Investment Highlights
- Not Subject to Los Angeles Rent Control – Constructed in 1986
- Not on LADBS Seismic Retrofit List (Buyer to Verify)
- Current Rents Average Only $1.69 per Square Foot, While Similar Properties are Achieving $3.00+ per Square Foot
- Substantial Value-Add Opportunity – Rents Approximately 64% Below Market
- Full Copper Plumbing and Ample Parking
- Two Blocks from Upcoming East San Fernando Valley Light Rail Development – Projected to Boost Property Values in Immediate Area
Property Facts
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 6,224 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1986 |
| Zoning | RD1.5, Los Angeles - Restricted Density Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,224 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1986 |
| Zoning | RD1.5, Los Angeles - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,238 | 650 |
| 2+1 | 4 | $1,388 | 900 |
Property Taxes
| Parcel Number | 2237-021-019 | Improvements Assessment | $751,614 |
| Land Assessment | $683,285 | Total Assessment | $1,434,899 |
Property Taxes
Parcel Number
2237-021-019
Land Assessment
$683,285
Improvements Assessment
$751,614
Total Assessment
$1,434,899
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