14115-14119 Gilmore St - Apartments FOR SALE


Van Nuys, CA 91401
$2,240,000 USD
818-640-4360
14115-14119 Gilmore St, Van Nuys, CA for Sale
$2,240,000 USD
Apartments - FOR SALE
1/37
null | 5.06% Cap Rate

14115-14119 Gilmore St
Van Nuys, CA 91401


HIGHLIGHTS

  • First time on the market in over 50 years
  • Substantial upside in rents
  • Excellent unit mix of (10) 1+1 units and (2) 2+1 units
  • Well-maintained property

OVERVIEW

Equity Union Commercial is proud to represent this 12 unit property in Van Nuys. One building was built in 1954 and the other was built in 1956. Together, the unit mix consists of (10) 1+1 units and (2) 2+1 units. With a lot size of 14,990 square feet, the property has a total of 7,944 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

FOR SALE DETAILS

PRICE

$2,240,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

12

PRICE/UNIT

$186,667

CAP RATE

5.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

LAR3

APN/PARCEL ID

2237-018-015,2237-018-016

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union Real EstateMore Info
818-640-4360

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Cindy HillEquity Union Real EstateMore Info
818-640-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.