10
See all 10 photos
$1,800,000
Est. payment /mo
6,224 SqFt
Pending
14239 Gilmore Street Van Nuys (los Angeles), CA 91401
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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
HOA Y/N No
Year Built 1986
Lot Size 7,500 Sqft
Property Sub-Type Other
Source Datashare California Regional
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)
Fireplace No
Laundry Laundry Room
Building
Lot Description Other
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