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Nicole Van Parys & Gary Nesen
Engel & Völkers Americas
nicole.vanparys@engelvoelkers.com +1(805) 795-1880Listed by Alen Arutyunyan • LEAD Realty & Lending
$ 2,795,000
Est. payment /mo
Active
14253 Gilmore Street Van Nuys, CA 91401
6,092 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 6,092 sqft
Price per Sqft $458
MLS Listing ID BB-25090990
Year Built 1991
Lot Size 7,502 Sqft
Property Sub-Type Condominium
Source California Regional Multiple Listing Service (CRMLS)
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.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LARD1.5
Interior
Heating Central
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Garage, Garage Door Opener, Private, Assigned, Attached Carport
Garage Spaces 5.0
Pool None
Community Features Curbs
Building
Sewer Sewer Paid
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944