NOT LISTED FOR SALE

14227 Gilmore St Van Nuys, CA 91401

Van Nuys Area
3 Beds
2 Baths
16,804 Sq Ft
0.52 Acre Lot

Sale Details

Date 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 Facilities
  • 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

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 22,499 Sq Ft 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

Outdoor Features

  • 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

0.52 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
0.053%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 4, 2018
Sold by
Bought by
Seller's Agent
Greg Marderian
AOA Commercial Brkrge
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$4,250,000
Sold Price
$3,750,000
Premium/Discount to List
-$500,000
-11.76%

Purchase Details

Closed on
Nov 16, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
0.0352%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.0525%
Mortgage Type
Commercial
Source: Public Records
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,600,000 Chicago Title
$3,750,000 Lawyers Title
-- Ticor Title Company Of Ca
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fswt
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,000,000
Previous Owner $2,040,000
Previous Owner $1,920,000
Previous Owner $1,000,000
Previous Owner $890,000
Previous Owner $1,000,000
Previous Owner $800,000
Previous Owner $600,000
Previous Owner $1,127,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $59,981 $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
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17221321

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.