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14638 Gilmore St 5 Unit Apartment Building For Sale Van Nuys, CA 91411
Investment Highlights
- Five-unit apartment building with 100% occupancy.
- Convenient access to the 405 and 101 freeways and Van Nuys Metrolink station.
- Situated on a 0.18-acre lot in a high-demand Los Angeles submarket.
- Located in a designated Opportunity Zone with potential tax benefits.
- Walkable neighborhood with nearby retail and services (Walk Score 82).
Executive Summary
This five-unit apartment building in Van Nuys offers an investment opportunity within a highly accessible Los Angeles submarket. The property consists of a low-rise structure with a 100% occupancy rate, providing immediate income stability. Built in 1954, the building features a mix of one-bedroom units and a studio, each equipped with essential amenities such as kitchens, ovens, and refrigerators.
Located in an Opportunity Zone, this asset may qualify for significant tax advantages, enhancing its long-term investment appeal. The site spans approximately 0.18 acres and includes controlled access and curbside trash pickup. Its central location provides strong connectivity to major transportation routes, including the 405 and 101 freeways, and is within minutes of the Van Nuys Metrolink station.
The surrounding area is a dense residential and commercial corridor, offering proximity to retail, dining, and employment centers. With a Walk Score of 82, residents enjoy convenient access to neighborhood services. This property represents a stable, income-producing asset with potential for value appreciation in a growing market.
Located in an Opportunity Zone, this asset may qualify for significant tax advantages, enhancing its long-term investment appeal. The site spans approximately 0.18 acres and includes controlled access and curbside trash pickup. Its central location provides strong connectivity to major transportation routes, including the 405 and 101 freeways, and is within minutes of the Van Nuys Metrolink station.
The surrounding area is a dense residential and commercial corridor, offering proximity to retail, dining, and employment centers. With a Walk Score of 82, residents enjoy convenient access to neighborhood services. This property represents a stable, income-producing asset with potential for value appreciation in a growing market.
Property Facts
| Sale Type | Investment | Lot Size | 0.18 AC |
| No. Units | 5 | Building Size | 2,679 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | [Q]R3-1 - Multiple Dwelling | ||
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,679 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Opportunity Zone |
Yes |
| Zoning | [Q]R3-1 - Multiple Dwelling |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Trash Pickup - Curbside
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2236-022-009 | Improvements Assessment | $181,476 |
| Land Assessment | $77,670 | Total Assessment | $259,146 |
Property Taxes
Parcel Number
2236-022-009
Land Assessment
$77,670
Improvements Assessment
$181,476
Total Assessment
$259,146
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14638 Gilmore St
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