14253 Gilmore Street Active

Van Nuys (los Angeles),CA 91401

$ 2650000

- Bed

- Bath

6092 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,092 sqft

Price per Sqft $434

MLS Listing ID CRBB25090990

Year Built 1991

Lot Size 7,502 Sqft

Property Sub-Type Other

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

Interior

Heating Other

Laundry Other

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