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14253 Gilmore Street , A

Van Nuys, CA 91401
  • $2,700,000
  • STATUS: Active
  • ON SITE: 209 Days
  • ID#: BB25090990
UPDATED: 28 min ago
$2,700,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1991
County:

School Ratings & Info

Listing Agent(s): Alen Arutyunyan of LEAD Realty & Lending (8186403989)


Description

Rare investment opportunity with huge upside in rents: Five individually parceled 3-Bed / 2.5-Bath Condominiums built in 1991, each with its own APN (2237-021-026, 2237-021-027, 2237-021-028, 2237-021-029, 2237-021-030) and featuring attached 2-car garages with direct access, private balconies, in-unit washer/dryer hookups, dishwashers, and central HVAC. Per ZIMAS, these units are not subject to RSO rent control and not subject to AB1482 (individually owned condos, not held by a corporation or trust). All units are individually metered for electric and gas and have their own water heaters. One unit has been fully remodeled, leaving four units primed for value-add cosmetic upgrades, creating excellent potential for strong cash flow, renovation upside, and multiple exit strategies.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T17:35:10.073. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/163528900
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14253 Gilmore Street , A Van Nuys, CA 91401

  • Price: $2,700,000
  • Status: Active
  • On Site: 209 Days
  • Updated: 28 min ago
  • ID#: BB25090990
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1991
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
Rare investment opportunity with huge upside in rents: Five individually parceled 3-Bed / 2.5-Bath Condominiums built in 1991, each with its own APN (2237-021-026, 2237-021-027, 2237-021-028, 2237-021-029, 2237-021-030) and featuring attached 2-car garages with direct access, private balconies, in-unit washer/dryer hookups, dishwashers, and central HVAC. Per ZIMAS, these units are not subject to RSO rent control and not subject to AB1482 (individually owned condos, not held by a corporation or trust). All units are individually metered for electric and gas and have their own water heaters. One unit has been fully remodeled, leaving four units primed for value-add cosmetic upgrades, creating excellent potential for strong cash flow, renovation upside, and multiple exit strategies.
Exterior Features

Carport YN Yes Entry Level 2 Entry Location 2 Number Of Separate Electric Meters 6 Parking Features Attached CarportAssignedGarageGarage Door OpenerGatedPrivate Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common WallsNo One AboveNo One Below Heating Central Heating YN Yes

Property Features

Additional Parcels YN Yes Cap Rate 4.52 Common Interest Condominium Community Features Curbs Electric Expense 1522 Fuel Expense 0 Garage YN Yes Gross Income 172800 Gross Scheduled Income 172800 Insurance Expense 4474 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 121953 New Construction YN No New Taxes Expense 34658 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 50847 Other Expense 209 Property Sub Type Condominium Rent Control YN No Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 3912 Water Sewer Expense 5351 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T17:35:10.073. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Alen Arutyunyan of LEAD Realty & Lending (8186403989)