NOT LISTED FOR SALE

14227 Gilmore St van Nuys, CA 91401

3 Beds
2 Baths
16,804 Sq Ft
0.52 Acres

Last Sold January 26, 2018

Last sale price $3,750,000 $223 Per Sq Ft

74 Days on Market

Highlights

  • In Ground Pool
  • 22,499 Sq Ft lot
  • Laundry Room
  • Van Nuys High School Rated A

About This Home

As of January 2018

Well maintained building, 150' frontage on better Van Nuys street. Huge upside, 12 units below $925/mo. Managers unit (2+1) proforma $1,450, to be vacant at C.O.E.

Last Agent to Sell the Property

Greg Marderian

AOA Commercial Brkrge License #00661078 Listed on: 09/22/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.52 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 16,804 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1618
  • Tax Tract Number 1200
  • Assessor Parcel Number 2237021024

Community Details

Building Details

  • Rent Control
  • 22 Separate Electric Meters
  • 22 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,100
  • Fuel Expense $3,209
  • Insurance Expense $3,500
  • Professional Management Expense $9,240
  • Trash Expense $3,675
  • Water Sewer Expense $24,400
  • New Taxes Expense $48,875
  • Operating Expense $105,423
  • Gross Income $286,812
  • Net Operating Income $25,340

Additional Features

  • 22 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 9240.00
  • Property Attached: Yes
  • Water Sewer Expenses: 24400.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2237021024
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 223.16

Exterior Features

  • Pool Features: Private, In Ground, Fenced
  • Pool Private: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Other
  • Trash Expense: 3675.00
  • Water Source: Other, Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22499.00

Multi Family

  • Electric Expense: 4100.00
  • Fuel Expense: 3209.00
  • Gross Income: 286812.00
  • Gross Multiplier: 14.20
  • Gross Scheduled Income: 287415.00
  • Insurance Expense: 3500.00
  • Laundry Income: 650.00
  • Net Operating Income: 25340.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 22
  • Operating Expense: 105423.00
  • Rent Control: Yes
  • Total Expenses: 105423.00

Tax Info

  • New Taxes Expense: 48875.00
  • Tax Census Tract: 1281.02
  • Tax Lot: 1618
  • Tax Tract Number: 1200
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $3,750,000 -11.8% $223 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $4,250,000 -- $253 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $59,179 $4,785,840 $2,871,504 $1,914,336
2024 $59,179 $4,692,000 $2,815,200 $1,876,800
2023 $58,062 $4,600,000 $2,760,000 $1,840,000
2022 $49,730 $4,020,757 $2,144,404 $1,876,353
2021 $49,066 $3,941,919 $2,102,357 $1,839,562
2019 $47,641 $3,825,000 $2,040,000 $1,785,000
2018 $58,444 $4,689,143 $1,876,147 $2,812,996
2016 $7,373 $449,602 $114,093 $335,509
2015 $7,294 $442,850 $112,380 $330,470
2014 $7,471 $434,176 $110,179 $323,997
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17221321

California Regional Multiple Listing Service (CRMLS)