14642 Gilmore St - Apartments FOR SALE
Van Nuys, CA 91411 |
$850,000 USD
818-206-3982
14642 Gilmore St
Van Nuys, CA 91411
HIGHLIGHTS
- 76% rental upside with current rents averaging $1,133 vs. market $1,990.
- Offered at $850,000 ($170,000/unit) and $244/SF, well below replacement cost.
- Located in a Qualified Opportunity Zone with powerful tax incentives.
- Steps from Metro G-Line and Van Nuys Civic Center, prime transit-oriented location.
- Efficient 5-unit asset with three 1+1 and two 2+1 units on 0.17 acres.
- Value-add potential through interior upgrades and loss-to-lease capture.
FOR SALE DETAILS
PRICE
$850,000 USD
PRICE/SF
$244 USD /SF
# OF UNITS
5
PRICE/UNIT
$170,000
CAP RATE
4.23%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1952
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
-
APN/PARCEL ID
2236-022-010
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818-206-3982
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818-206-3982
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