14239 Gilmore Street Pending

Van Nuys (los Angeles),CA 91401

$ 1800000

- Bed

- Bath

6224 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 6,224 sqft

Price per Sqft $289

MLS Listing ID CRSR25244793

Year Built 1986

Lot Size 7,500 Sqft

Property Sub-Type Other

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

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Laundry Laundry Room

Building

Lot Description Other

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