Eco Friendly
Address
14203 Gilmore Street Van Nuys, CA
Price
$ 2,650,000
Property Attributes
  • MLS#21712998
  • TypeIncome
  • CountyLOS ANGELES
  • CityVan Nuys
  • Zip91401
  • Style
  • Price$ 2,650,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Enrique Viramontes with Remax Commercial and Investment Realty.
Data Source:
CRMLS
Property Description

We are proud to present the sale of The Gilmore Apartments. Newly constructed in 2021 (No Rent Control), the property is comprised of four brand new, modern spacious (3+4+Den) apartments. With an open floor plan of over 1,200 SF of living space, each unit has been equipped with luxury living including stainless steel appliances, wide vinyl plank flooring and complete HVAC systems for immediate move-in ready condition. Every unit is separately metered for ALL Utilities: water, gas, and electric!This investment is extremely low maintenance with energy efficient features designed to the latest standards. Very easy to manage with minimal operating expenses, the return on investment from day one makes this property appealing to even the most discerning investors. There are a total of 8 parking spaces - 4 of which are tandem and equipped with conduit hookups for electric car charging stations. Above all, plans have been approved for TWO additional (2+2) ADUs which will be included in the sale! The Buyer will find an added value opportunity upon closing with an additional $5,000 (estimated) of rental income when the additional units are built a cap rate of over 7% possible within weeks of closing (buyer to verify)! The Gilmore Apartments are located just minutes from Sherman Oaks.

Price History
3/31/2021 Listed $2,650,000

General Features

Cooling Central Air
Garage Y/N Yes
Heating Central
Parking Features Garage, Tandem
Property Type Residential Income
Total Units 4
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Dimensions 50x150
Lot Size Acres 0.17
Lot Size Area 7500
Lot Size Square Feet 7500
Lot Size Units Square Feet
Number of Buildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91401

Price
AVG $3.46M
$2.65M
Visits
AVG 46
7
Year Built
AVG 1974
2021
Walkscore
AVG 74
81
Data Provided by Walkscore ® not using MLS data

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