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Listed by Akash Saini • Keller Williams Realty Calabasas
$1,800,000
Est. payment /mo
7,500 Sqft Lot
New
14239 Gilmore ST Van Nuys, CA 91401
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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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