Skip To Content
    Return to Previous Page

    14253 Gilmore St

    Van Nuys, CA 91401
    • $2,250,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: BB20161554
    UPDATED: 27 min ago
    $2,250,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,092
      SQFT
    • $369
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    Description

    5.19% CAP rate while still allowing an additional 23.3% upside. Built in 1991, low maintenance building with new landscaping, CCTV security cameras and siliconized roof features five - (5) 3bed 2.5bath townhome style individually parceled condos, not subject to Rent Control (individual condos, not owned by a corp. or trust). Each unit includes attached 2-car garage direct access, private balcony, in-unit washer/dryer hookups, dishwasher & Central HVAC. Units are individually metered for electric, gas & have individual water heaters. One of the five units is luxury remodeled. No soft story retrofit required. Plot next door has approved plans to build a new luxury building.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/108754050
    Print Image

    14253 Gilmore St Van Nuys, CA 91401

    • Price: $2,250,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: BB20161554
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,092
    SQFT
    $369
    $/SQFT
    1991
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    5.19% CAP rate while still allowing an additional 23.3% upside. Built in 1991, low maintenance building with new landscaping, CCTV security cameras and siliconized roof features five - (5) 3bed 2.5bath townhome style individually parceled condos, not subject to Rent Control (individual condos, not owned by a corp. or trust). Each unit includes attached 2-car garage direct access, private balcony, in-unit washer/dryer hookups, dishwasher & Central HVAC. Units are individually metered for electric, gas & have individual water heaters. One of the five units is luxury remodeled. No soft story retrofit required. Plot next door has approved plans to build a new luxury building.
    Exterior Features

    Garage Spaces 5.00 Lot Features 2-5 Units/AcreSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedAttached CarportDirect Garage AccessGarageGarage Door OpenerGuest Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DishwasherGas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Interior Features Balcony Laundry Features Gas Dryer HookupWasher Hookup Room Type All Bedrooms Up

    Property Features

    Additional Parcels Description 22370210262237021027223702102822370210292237021030 Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.19 Community Features Curbs Country Us Electric Expense 1350.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 648.00 Gross Income 155760.00 Gross Multiplier 14.45 Gross Scheduled Income 155760.00 Insurance Expense 1895.00 Land Lease YN No Laundry YN Yes Net Operating Income 116843.00 New Construction YN No New Taxes Expense 27000.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Number With Dishwasher 5 Number With Disposal 5 Number With Patio 5 Number With Range 5 Operating Expense 38917.00 Other Expense 210.00 Other Expense Description Fire Ser Professional Management Expense 0.00 Property Sub Type Condominium Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 155760.00 Total Expenses 38917.00 Trash Expense 2954.00 Water Sewer Expense 4860.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of David Nalbandyan of La Premier Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364648053-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364648053-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364648053-1.jpg
    Logo
    Keller Williams Realty
    ,