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14253 Gilmore St, Van Nuys, CA 91401

  • $2,645,000

  • bed

  • bath

Multi-family for sale 33 days
Movoto is helping 22 homebuyers near you

About 14253 Gilmore St

Property type Multi-family
Neighborhood
Year built 1991
HOA fee $0/month
Lot size 7,502 Sqft
Parking 5 garage spaces
Rental estimate
Property description
MUST READ...Non Rent Control - Five individually parceled 3-bedroom, 3-bath townhome-style condominium units with attached garages, each with its own parcel numbers (2237-021-026 through 2237-021-030), offering a unique ownership structure with flexibility not commonly found in the marketplace, including the potential for individual unit sales. Built in 1991 and not currently subject to Los Angeles RSO or AB1482, with no local rent cap, allowing for market-based rental adjustments. Each unit features an attached 2-car garage with direct access, private balcony, central HVAC, in-unit laundry hookups, and separate water heater. All units are individually metered for gas and electricity. One unit has been updated, while the remaining units present a clear opportunity for future improvements. The roof has been recently siliconed, helping to reduce near-term maintenance. A rare configuration offering both current income and long-term flexibility in a single asset.
Listed by
Listing Agent - Alen Arutyunyan
Listing Agent Contact: 8186403989
Listing Office - LEAD Realty & Lending
Source: CRMLS mls logo
MLS#BB26061692 • last updated 1 month ago
Movoto checked CRMLS for data 9 minutes ago
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Overview
Type Residential Income
SubType Condominium
Status Active
Lot Size (Acres) 0.1722
Lot Size (SqFt) 7502
Year Built 1991
Interior
Exterior
Building Area Square Feet, 6092
Parking Garage, Assigned, Gated, Private, Garage Door Opener, Attached Carport
# Parking Spaces 5
# Garage Spaces 5
Amenities / Utilities
Sewer/ Septic Sewer Paid
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs
Zoning LARD1.5
Directions Right On Hazeltine Followed By A Left On Gilmore
APN 2237021026
Multifamily Details
Expense: Trash 4108
Operating Expense 51695
Cap Rate 4.78
Expense: Insurance 6037
Total Expenses 51695
Expense: Water/ Sewer 7200
Gross Income 178200
Expense: Electric 1680
Gross Multiplier 14.84
Gross Scheduled Income 178200
Expense: Gardener 720
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  • Real Estate
  • CA
  • Los Angeles County
  • Van Nuys
  • 91401
  • 14253 Gilmore St

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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