14115 Gilmore Street

Van Nuys, CA 91401

$2,240,000
Price
3
Beds
12
Baths
7,944 Sq. Ft.
$282 / Sq. Ft.
7,944
Sq. Ft.
$282
per Sq. Ft.

Description

We are proud to represent this 12 unit property in Van Nuys. One building was built in 1954 and the other was built in 1956. Together, the unit mix consists of (10) 1+1 units and (2) 2+1 units. With a lot size of 14,990 square feet, the property has a total of 7,944 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows...We are proud to represent this 12 unit property in Van Nuys. One building was built in 1954 and the other was built in 1956. Together, the unit mix consists of (10) 1+1 units and (2) 2+1 units. With a lot size of 14,990 square feet, the property has a total of 7,944 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
  1. Listed by Cindy Hill • DRE #00885625 • Brokerage DRE #01811831 • Equity Union • 818-640-4360

Property Details for 14115 Gilmore Street

Parking Spaces Total
0
Private Pool
No
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7944
Assessor Parcel Number
2237-018-015
Property Attached YN
true
LISTING UPDATED: 11/22/2024 07:58 AM

Property Details for 14115 Gilmore Street

StatusActive
MLS #SR24239255
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
CountyLos Angeles County

Building Information for 14115 Gilmore Street

Building/Complex14115 Gilmore StFloor-Stories2Residences-Pet Policy-Year Built1954Building Size-

Property Information for 14115 Gilmore Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $172,236
  • Gross Scheduled Income: $172,236
  • Net Operating Income: $113,333
  • Gross Multiplier: 12.78
  • Cap Rate: 5.06
Expense Details
  • Operating Expense: $56,736
  • Fuel Expense: $345
  • Electric Expense: $0
  • Insurance Expense: $7,149
  • Professional Management Expense: $0
  • Trash Expense: $5,070
  • Water Sewer Expense: $9,335
  • Total Expenses: $56,736
Tax / Assessment Info
  • Tax Tract Number: 128...
  • CFD/Mello-Roos Fee: $976
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Suburban, Urban, Valley
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 2237 - 018 - 016
  • Lot Features: Rectangular Lot
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,154
  • Unit Type Total Rent: $11,542
  • Unit Type Pro Forma: 18000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,406
  • Unit Type Total Rent: $2,811
  • Unit Type Pro Forma: 4700
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12

Property History for 14115 Gilmore Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14115 Gilmore Street

Taxable ValueLand$44,196Additions$77,042Total$121,238
Tax Record2024$2,431 ($203 / month)
Home Facts
Total Finished SqFt4,200 SqFtAbove Grade Finished SqFt4,200 SqFtLot Size7,495 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningLAR3CountyLOS ANGELESAPN2237-018-015

Schools near 14115 Gilmore Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14115 Gilmore Street is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on November 22, 2024 by Equity Union, it's currently listed at $2,240,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Andres And Maria Cardenas Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14115 Gilmore Street is a 3-bed, 12-bath, 7,944 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Union, Cindy Hill, DRE #00885625

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.