NOT LISTED FOR SALE

14658 Gilmore St van Nuys, CA 91411

Van Nuys Area

Estimated Value: $1,259,467

0.21 Acres
$5,994,607 Price per Acre
9,153 Sq Ft Lot

Sale Details

Date Sold: April 22, 2025

Last sale price $1,690,000 $825 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $7,684 / mo

264 Days on Market

About This Lot

As of April 2025

We are excited to present 14658 Gilmore St, a 100% affordable development project in Van Nuys, California. The 9,225 square foot (0.21 acre), corner lot is RTI (ready-to-issue) for a 5-story building with 48 affordable units. Being RTI allows developers to start building as soon as they close escrow. The project consists of a total of 48 units: 1 studio, 43 one-bedroom, 3 two-bedroom, and 1 three-bedroom. Additionally, the first floor features an office and a recreation room. Zero parking is required since major transit is within a half mile, but plans include 10 parking spaces (3 standard and 7 compact) for added convenience. Furthermore, there is potential to create an additional 12 accessory dwelling units (ADUs) by eliminating the parking spaces.The offering is located in a qualified Opportunity Zone which presents a wide range of benefits for an investor. Investors can take advantage of significant tax incentives, including deferral, reduction, and potential elimination of capital gains taxes, which can greatly enhance overall returns. With Opportunity Zones set to expire at the end of 2026, this project affords an investor the extraordinary opportunity to buy, build, and refinance before its expiration. This project will benefit from current and future developments in the area resulting in rent growth and gentrification.The site is nestled in the vibrant area of Van Nuys within Los Angeles, California, representing a favorable location for residents and investors alike. Its strategic position in the heart of the San Fernando Valley offers an exceptional blend of accessibility, amenities, and lifestyle opportunities. With major freeways like the I-405 and US-101 nearby, residents enjoy seamless connectivity to the broader Los Angeles area, facilitating easy commutes to major employment hubs such as downtown Los Angeles and the bustling tech industries of Silicon Beach. Additionally, the area boasts a diverse array of dining, shopping, and recreational options, enhancing the quality of life for its inhabitants. The local real estate landscape is characterized by a mix of residential properties, ranging from charming single-family homes to modern apartments, making it a suitable choice for a variety of preferences and budgets.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 05/12/2025

Co-Listed By

Glen Scher

Marcus & Millichap License #01962976

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 05/12/2025

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Property Details

Property Type

  • Land

Lot Details

  • 9,153 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2236-022-012

Property Details

Property Type

Land

Lot Details

9,153 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2101
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 2236-022-012
  • Lot Size Area: 9153

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
Feb 11, 2025
Sold by
Bought by
Current Estimated Value
$1,259,467

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 29, 2023
Sold by
Bought by
Seller's Agent
Sabrina Roberts
Keller Williams Realty World Class
Buyer's Agent
Scott Roberts
Coldwell Banker Residential Brokerage
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$700,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 24, 2023
Sold by
Bought by
Seller's Agent
Sabrina Roberts
Keller Williams Realty World Class
Buyer's Agent
Scott Roberts
Coldwell Banker Residential Brokerage
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 22, 2023
Sold by
Bought by
Seller's Agent
Sabrina Roberts
Keller Williams Realty World Class
Buyer's Agent
Scott Roberts
Coldwell Banker Residential Brokerage
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in van Nuys, CA

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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
$1,690,000 Ticor Title
-- None Listed On Document
$935,000 Ticor Title Company
-- Ticor Title Company
-- --
-- --
-- --
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
$135,000 Commonwealth Title
-- --
-- --
-- --
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 $700,000
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 Prior Sale
04/22/2025 04/22/25 Sold $1,690,000 0.0% $825 / Sq Ft
01/13/2025 01/13/25 Off Market $1,690,000 -- --
01/08/2025 01/08/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $1,995,000 +18.0% $974 / Sq Ft
12/31/2024 12/31/24 Off Market $1,690,000 -- --
11/26/2024 11/26/24 For Sale $1,995,000 +18.0% $974 / Sq Ft
10/31/2024 10/31/24 Off Market $1,690,000 -- --
08/28/2024 08/28/24 Price Changed $1,995,000 -9.3% $974 / Sq Ft
04/19/2024 04/19/24 For Sale $2,200,000 +135.3% $1,074 / Sq Ft
07/13/2023 07/13/23 Sold $935,000 +1.1% $457 / Sq Ft View Prior Sale
04/07/2023 04/07/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $925,000 -- $452 / Sq Ft
Source: The MLS

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 $11,997 $972,774 $582,624 $390,150
2024 $11,846 $953,700 $571,200 $382,500
2023 $2,825 $201,795 $86,890 $114,905
2022 $2,704 $197,839 $85,187 $112,652
2021 $2,662 $193,961 $83,517 $110,444
2020 $2,683 $191,973 $82,661 $109,312
2019 $2,589 $188,210 $81,041 $107,169
2018 $2,446 $184,520 $79,452 $105,068
2016 $2,319 $177,357 $76,368 $100,989
2015 $2,287 $174,694 $75,221 $99,473
2014 $2,310 $171,273 $73,748 $97,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-382413

The MLS

APN: 2236-022-012

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