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14629 Gilmore Street

Van Nuys, CA 91411
  • $1,695,000
  • STATUS: Active
  • ON SITE: 92 days
  • ID#: SR21061564
UPDATED: 34 min ago
$1,695,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,534
    SQFT
  • $259
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Description

INVESTMENT DESCRIPTIONLocated in the heart of Van Nuys, CA, in the central San Fernando Valley, 14629 Gilmore Street is a prime multifamily value-add investment opportunity. Situated two blocks away from Van Nuys and Victory Boulevards, the 8-unit gated property is within walking distance of Van Nuys High School, Van Nuys City Hall, and many useful and essential services and businesses.EXCELLENT UNIT MIX50% 1-bedroom Units, 50% 2-bedroom UnitsRENTAL UPSIDEWhile currently leased to long-term tenants the property boasts significant potential future upside in rents.BUILDING AMENITIESGated property, covered parking, on-site laundryLocated in an Opportunity Zone

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Based on information from CRISNet MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/115431869
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14629 Gilmore Street Van Nuys, CA 91411

  • Price: $1,695,000
  • Status: Active
  • Updated: 34 min ago
  • ID#: SR21061564
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,534
SQFT
$259
$/SQFT
1962
Built
Neighborhood:
Vn - Van Nuys
County:
Los Angeles
Area:
Vn - Van Nuys
Property Description
INVESTMENT DESCRIPTIONLocated in the heart of Van Nuys, CA, in the central San Fernando Valley, 14629 Gilmore Street is a prime multifamily value-add investment opportunity. Situated two blocks away from Van Nuys and Victory Boulevards, the 8-unit gated property is within walking distance of Van Nuys High School, Van Nuys City Hall, and many useful and essential services and businesses.EXCELLENT UNIT MIX50% 1-bedroom Units, 50% 2-bedroom UnitsRENTAL UPSIDEWhile currently leased to long-term tenants the property boasts significant potential future upside in rents.BUILDING AMENITIESGated property, covered parking, on-site laundryLocated in an Opportunity Zone
Exterior Features

Parking Total 8.00

Property Features

Additional Parcels YN No Building Status Existing Current Financing None Gross Scheduled Income 127884.00 Insurance Expense 8000.00 Investment Property YN Yes Land Use Multi-Family Laundry Features Common AreaCommunity Laundry Income 2400.00 Net Operating Income 61322.00 Number Of Units Leased 7 Number Of Units Total 8 Operating Expense 65054.00 Other Expense 11022.00 Property Sub Type Multi Family Real Estate Tax Expense 20340.00 Special Listing Conditions Standard Total Expenses 65054.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance 3908 Water Source Public Zoning Lard1.5

Listing provided courtesy of Todd Nathanson, CA DRE# , of illi Commercial Real Estate.


Based on information from CRISNet MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064