NOT LISTED FOR SALE

14902 Gilmore St van Nuys, CA 91411

Van Nuys Neighborhood
-- Bed
7 Baths
4,600 Sq Ft
6,367 Sq Ft Lot

Last Sold July 28, 2021

Last sale price $1,390,000 $302 Per Sq Ft

41 Days on Market

Highlights

  • Gated Parking
  • Van Nuys High School Rated A
  • Built-In Features

About This Home

As of July 2021

Corner Lot Offering 7 Large Single Units; Four (4) Units Have Been Completely Remodeled; One Unit Will Be Delivered Vacant; High in-place Rents; Possibility of Adding Another Unit (AUD); Current Cap Rate of 5.50% and Actual GRM of 12.2; Gated and Enclosed Parking in the Back; On-site Laundry Facilities - Owned; Located in Easy-to-Rent Van Nuys Rental Market. This asset is located on a gated and fenced corner lot with good curb appeal and offers high in-place rents, strong rental demand, and attractive financing. The potential of adding an ADU apartment to this property will make this a desirable Value-Add investment. Van Nuys offers a dense rental market with easy access to transportation hubs and employment, dining, shopping, and entertainment facilities of the area.

Last Agent to Sell the Property

Janette Monfared

Marcus & Millichap License #00765098 Listed on: 06/01/2021

Last Buyer's Agent

Carlo Honanian

License #01264495

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 6,367 Sq Ft Lot
  • Lot Dimensions are 50x129

Interior Spaces

  • 7 Bathrooms
  • 4,600 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Parking

  • 8 Parking Spaces
  • Gated Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 2235-021-050

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4600
  • Lot Acreage: 0.1462
  • Lot Dimensions: 50x129
  • Stories: 2
  • Year Built: 1974
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 315.22

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 2235-021-050
  • Lot Size Area: 6367

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.20
  • Number Of Units: 7
  • Total Annual Expense: 34860
  • Type Of Units: 7
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $1,390,000 -4.1% $302 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,450,000 +27.8% $315 / Sq Ft
12/20/2019 12/20/19 Sold $1,135,000 -9.9% $247 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $1,260,000 +13.3% $274 / Sq Ft
12/21/2016 12/21/16 Sold $1,112,500 -3.3% $242 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $1,150,000 0.0% $250 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $1,150,000 -- $250 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Janette Monfared

    Seller's Agent in 2021

    Janette Monfared

    Marcus & Millichap

    (818) 212-2700

    4 in this area

    21 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Carlo Honanian

  • Reza Ghobadi

    Seller's Agent in 2019

    Reza Ghobadi

    Reza Ghobadi

    (818) 793-2923

    3 in this area

    19 Total Sales

    Section Image
  • Filip Niculete

    Seller's Agent in 2016

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    8 in this area

    105 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 21-741924

The MLS

California Los Angeles County Van Nuys 91411 Van Nuys

14902 Gilmore St, Van Nuys, CA

This home is located at 14902 Gilmore St, van Nuys, CA 91411 since 01 June 2021. This property was built in 1974. 14902 Gilmore St is a home located in Los Angeles County with nearby schools including Columbus Avenue, Van Nuys High School, and Ararat Charter School.

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