14239 Gilmore ST new

Van Nuys,CA 91401

$ 1800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25244793

Year Built 1986

Lot Size 7,500 Sqft

Source California Regional MLS

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 Window / Wall Unit

Laundry In Laundry Room,Washer/Dryer - Leased

Exterior

Pool None

Building

Story Three or More Stories

Water District - Public

Others

Tax ID 2237021019

Special Listing Condition Not Applicable

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