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    14203 Gilmore Street

    Van Nuys, CA 91401
    • $2,549,999
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21712998
    Price Reduced
    UPDATED: 50 min ago
    $2,549,999
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,928
      SQFT
    • $517
      $/SQFT
    Type:
    Multi-Family
    Built:
    2021
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T17:39:46.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115646991
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    14203 Gilmore Street Van Nuys, CA 91401

    • Price: $2,549,999
    • Status: Active
    • Updated: 50 min ago
    • ID#: 21712998
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,928
    SQFT
    $517
    $/SQFT
    2021
    Built
    County:
    Los Angeles
    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.
    Exterior Features

    Parking Features GarageTandem

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Garage YN Yes Gross Income 177600 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 133258 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5

    Listing provided courtesy of Enrique Viramontes of Remax Commercial And Investment Realty and Luis Morales of Remax Commercial And Investment Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T17:39:46.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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    Temecula CA, 92591