14207 Gilmore Street

Van Nuys, CA 91401

$3,445,000
Last Sold Price
14
Beds
14
Baths
7,012 Sq. Ft.
$491 / Sq. Ft.
7,012
Sq. Ft.
$491
per Sq. Ft.

Description

Presenting the sale of "The Gilmore Apartments." A newly built modern and luxurious 6 unit building comprised of four large (3 bed + 3 bath) apartments and two amazing (1 bed + 1 bath) ADU's. This is an extremely sought after asset; all units were designed with an open and attractive floor plan totaling up to 1,456 SF of living space for the 3-bedroom units. The ADU's have a total of 586 SF & 716 SF of living area (buyer to verify). Each unit is equipped with central HVAC along with options for in-unit...Presenting the sale of "The Gilmore Apartments." A newly built modern and luxurious 6 unit building comprised of four large (3 bed + 3 bath) apartments and two amazing (1 bed + 1 bath) ADU's. This is an extremely sought after asset; all units were designed with an open and attractive floor plan totaling up to 1,456 SF of living space for the 3-bedroom units. The ADU's have a total of 586 SF & 716 SF of living area (buyer to verify). Each unit is equipped with central HVAC along with options for in-unit washer & dryers, stainless steel appliances, balconies, and private covered parking. Every unit is separately metered for utilities: gas and electricity (water on submeters)! The Gilmore projects have an incredible CAP rate of 5.53% from day one! This Van Nuys neighborhood is experiencing incredible growth and inundation from young professionals along with families that seek the quality that this building offers.
  1. Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
  2. Listed by Luis Morales • DRE #01485986 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 14207 Gilmore Street

Zoning
LARD1.5
Parcel Number
2237021014
Total Units
6.0
Living Area
7012
Source Living Area
Developer
Area
East Van Nuys
Vacancy Rate
1%
Lot Size Area
7500

Location

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010; Remax Commercial and Investment Realty, Luis Morales, DRE #01485986

Sold By Rodeo Realty, Paul Margolis, DRE #01915731

Add your commute
LISTING UPDATED: 11/09/2023 01:55 PM

Property Details for 14207 Gilmore Street

StatusSold
MLS #23-261207
Days on Market175
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.17 AC / 7,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010; Remax Commercial and Investment Realty, Luis Morales, DRE #01485986

Sold By Rodeo Realty, Paul Margolis, DRE #01915731

Add your commute

Building Information for 14207 Gilmore Street

Stories3Residences-Year Built2023Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$19,508 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,801

Property Taxes

$707

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14207 Gilmore Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $245,322
  • Net Operating Income: $191,720.00
  • Gross Income: $247,800
  • Cap Rate: 5.53%
  • Gross Rent Multiplier: $13.98
  • Total Annual Expense: 53602
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7500
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 6
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Microwave, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Solar Panels
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-17-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,913.00
  • Unit Actual Rent: $15,650.00
  • Unit Projected Rent: $15,650.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $154,585.00
  • Assessed Improvement Percent: 23.08
  • Assessed Land Value: $515,283.00
  • Assessed Land Percent: 76.92
  • Assessed Total Value: $669,868.00

Property History for 14207 Gilmore Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14207 Gilmore Street

Taxable ValueLand$525,588Additions$157,676Total$683,264
Tax Record2023$8,488 ($707 / month)
Home Facts
Total Finished SqFt1,729 SqFtAbove Grade Finished SqFt1,729 SqFtLot Size7,500 SqFtStyleDuplexYear Built1949ZoningLARD1.5CountyLOS ANGELESAPN2237-021-014

Schools near 14207 Gilmore Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Van Nuys Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010; Remax Commercial and Investment Realty, Luis Morales, DRE #01485986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.