14708 Gilmore Street

    Van Nuys, CA 91411
    • $2,850,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 18359050
    UPDATED: 42 min ago
    $2,850,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,620
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    We are proud to present this 12-unit apartment building located at 14708-14712 Gilmore St in Van Nuys, California. The building consists of four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units. The offering is situated on a 15,000-square foot lot with 9,620-square foot gross rentable area. Over half of the units have recently been upgraded with hardwood floors, granite counter tops, new cabinets, and dual pane windows. The property features secured carport parking with gated entry, all new copper plumbing, separate meters for gas and electricity and all units include newer individual water heaters. More importantly, a new investor does not need to deal with the headache and costs of seismic retrofit as it is not required for the building.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T22:28:09.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/85032767

    14708 Gilmore Street Van Nuys, CA 91411

    • Price: $2,850,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 18359050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    9,620
    SQFT
    $296
    $/SQFT
    1957
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    We are proud to present this 12-unit apartment building located at 14708-14712 Gilmore St in Van Nuys, California. The building consists of four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units. The offering is situated on a 15,000-square foot lot with 9,620-square foot gross rentable area. Over half of the units have recently been upgraded with hardwood floors, granite counter tops, new cabinets, and dual pane windows. The property features secured carport parking with gated entry, all new copper plumbing, separate meters for gas and electricity and all units include newer individual water heaters. More importantly, a new investor does not need to deal with the headache and costs of seismic retrofit as it is not required for the building.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 4.66 Gross Multiplier 13.81 Gross Operating Income 206373.00 Improvements Amount 341470 Land Value 353245 Laundry YN Yes Net Operating Income 132948.00 Special Listing Conditions Standard Total Expenses 71973.00 Zoning Lard1.5

    Listing provided courtesy of Filip Niculete of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T22:28:09.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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