14138 Gilmore Street

Van Nuys, CA 91401

$1,599,999
Price
8
Beds
6
Baths
3,577 Sq. Ft.
$447 / Sq. Ft.
3,577
Sq. Ft.
$447
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex...Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime location—schedule a showing today and seize the potential that awaits in Van Nuys.
  1. Listed by Walter Lopez • DRE #01884265 • Brokerage DRE #02120474 • WGRES INC. • 818-401-3937
  2. Listed by Mary Pehlevanian • DRE #01418617 • Brokerage DRE #02120474 • WGRES INC.

Property Details for 14138 Gilmore Street

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3577
Assessor Parcel Number
2237-019-005
Property Attached YN
true
LISTING UPDATED: 10/15/2024 01:03 AM

Property Details for 14138 Gilmore Street

StatusActive
MLS #SR24088475
Days on Market195
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.17 AC / 7,502 SF
CountyLos Angeles County

Building Information for 14138 Gilmore Street

Stories2Residences-Year Built1912Building Size-Lot Size0.17 AC / 7,502 SF

Property Information for 14138 Gilmore Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $71,364
  • Gross Scheduled Income: $71,364
  • Net Operating Income: $59,844
Expense Details
  • Operating Expense: $11,520
  • Insurance Expense: $2,400
  • Professional Management Expense: $3,000
  • Other Expense: $936
  • Other Expense Description: Gas
  • Trash Expense: $3,720
  • Water Sewer Expense: $2,400
  • Total Expenses: $11,520
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 1200
  • Tax Census Tract: 1281.02
  • CFD/Mello-Roos Fee: $930
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: 1st Floor
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 6
  • 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: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $968
  • Unit Type Total Rent: $968
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $967
  • Unit Type Total Rent: $967
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $870
  • Unit Type Total Rent: $870
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $997
  • Unit Type Total Rent: $997
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,073
  • Unit Type Total Rent: $1,073
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,073
  • Unit Type Total Rent: $1,073
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 14138 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 14138 Gilmore Street

Taxable ValueLand$568,914Additions$386,858Total$955,772
Tax Record2024$12,396 ($1,033 / month)
Home Facts
Total Finished SqFt3,577 SqFtAbove Grade Finished SqFt3,577 SqFtLot Size7,499 SqFtStyleQuadraplexYear Built1912ZoningLAR3CountyLOS ANGELESAPN2237-019-005

Schools near 14138 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 Elementary School
PublicK to 5

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.

Similar Homes

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14138 Gilmore Street is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on May 6, 2024 by WGRES INC., it's currently listed at $1,599,999. It has been on the market for a total of 195 days and was last sold on July 21, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Nuys Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14138 Gilmore Street is a 8-bed, 6-bath, 3,577 sqft multi-family home built in 1912.

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 WGRES INC., Walter Lopez, DRE #01884265; WGRES INC., Mary Pehlevanian, DRE #01418617

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.