14239 Gilmore ST new

Van Nuys,CA 91401

$ 1800000

- Bed

- Bath

- SqFt


Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25244793

HOA Y/N No

Year Built 1986

Lot Size 7,501 Sqft

Property Sub-Type Apartment

Property Description

Property subject to AB 1482 (5% + CPI Rent Increase). Built in 1986, 14239 Gilmore Street is a well-maintained 8-unit multifamily property featuring a balanced mix of spacious one- and two-bedroom apartments. The building offers solid construction and functional layouts, appealing to long-term renters and investors seeking stable cash flow. With clear upside potential through modern upgrades and ADU potential at the rear of the property (Buyer to verify), this asset presents a rare true value-add opportunity in today's competitive market. Ideally situated in the heart of the San Fernando Valley, the property benefits from a prime central location with strong tenant demand and close proximity to major employment centers, shopping, and entertainment. Tenants enjoy convenient access to the I-405, US-101, and I-5 freeways for seamless connectivity throughout Los Angeles. The area's consistent rental demand, diverse community, and long-term growth trajectory make 14239 Gilmore Street a highly desirable and enduring investment opportunity.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Covered,Tandem

Pool None

Community Features Street Lights,Sidewalks

Utilities Available Electricity Available,Natural Gas Available,See Remarks

Private Pool No

Building

Lot Description Near Public Transit,Walkstreet

Story 1

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2237021019

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

Lease Land No

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