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Listed by Alen Arutyunyan • LEAD Realty & Lending
$ 2,700,000
Est. payment /mo
Active
14253 Gilmore Street Van Nuys (los Angeles), CA 91401
6,092 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,092 sqft
Price per Sqft $443
MLS Listing ID CRBB25090990
HOA Y/N No
Year Built 1991
Lot Size 7,502 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Fireplace No
Laundry Other
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