14843 Gilmore Street

Van Nuys, CA 91411

$2,045,000
Last Sold Price
14
Beds
9
Baths
6,500 Sq. Ft.
$315 / Sq. Ft.
6,500
Sq. Ft.
$315
per Sq. Ft.

Description

An eight (8)unit apartment building located in Van Nuys. Resting on a 7,499 +/- square foot lot, the Property features a highly desirable unit mix of six (6) 2 bed and 1 bath units, one (1) 2 bed and 2 bath unit, and one (1) studio. The Property features 100%copper plumbing, on-site parking, on-site coin operated laundry, and approved plans and paid permits to complete the soft story retrofit. This opportunity also offers an investor 20% +/- of rental upside. The enclosed garage will be delivered...An eight (8)unit apartment building located in Van Nuys. Resting on a 7,499 +/- square foot lot, the Property features a highly desirable unit mix of six (6) 2 bed and 1 bath units, one (1) 2 bed and 2 bath unit, and one (1) studio. The Property features 100%copper plumbing, on-site parking, on-site coin operated laundry, and approved plans and paid permits to complete the soft story retrofit. This opportunity also offers an investor 20% +/- of rental upside. The enclosed garage will be delivered vacant with potential to convert to a Junior ADU.
  1. Listed by Anubhav Kawatra • DRE #01881930 • Brokerage DRE #01881930 • Anubhav Kawatra

Property Details for 14843 Gilmore Street

Zoning
LARD1.5
Parcel Number
2236019006
Total Units
1.0
Living Area
6500
Source Living Area
Vendor Enhanced
Area
East Van Nuys
Vacancy Rate
One Unit
Lot Size Area
7499

Location

Listing Courtesy of Anubhav Kawatra, Anubhav Kawatra, DRE #01881930

Sold By Michael Isaac Shokrian, Michael Shokrian, DRE #01403171

Add your commute
LISTING UPDATED: 08/24/2022 02:20 PM

Property Details for 14843 Gilmore Street

StatusSold
MLS #22-146205
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,499 SF
CountyLos Angeles County

Location

Listing Courtesy of Anubhav Kawatra, Anubhav Kawatra, DRE #01881930

Sold By Michael Isaac Shokrian, Michael Shokrian, DRE #01403171

Add your commute

Building Information for 14843 Gilmore Street

Stories-Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,499 SF

Payment Calculator

$13,301 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,160

Property Taxes

$2,141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14843 Gilmore Street

Community / Development
Community / Development
  • Number Of Units: 1
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: Seller/Owner/Principal RE Licensed
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $153,660
  • Net Operating Income: $91,903.00
  • Gross Income: $158,412
  • Cap Rate: 4.47%
  • Gross Rent Multiplier: $13.51
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water
  • Total Annual Expense: 60834
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7499
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached, Covered Parking
  • Total Parking: 0
  • Parking Features: Covered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-13-2022
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,747.00
  • Unit Actual Rent: $10,483.00
  • Unit Projected Rent: $11,970.00
  • Like Units: 6
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,618.00
  • Unit Actual Rent: $1,618.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $579,036.00
  • Assessed Improvement Percent: 55.51
  • Assessed Land Value: $464,158.00
  • Assessed Land Percent: 44.49
  • Assessed Total Value: $1,043,194.00

Property History for 14843 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 14843 Gilmore Street

Taxable ValueLand$1,227,000Additions$818,000Total$2,045,000
Tax Record2023$25,691 ($2,141 / month)
Home Facts
Total Finished SqFt6,500 SqFtAbove Grade Finished SqFt6,500 SqFtLot Size7,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLARD1.5CountyLOS ANGELESAPN2236-019-006

Schools near 14843 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
Public - 9 to 12
Rating
School
Distance
Sylvan Park Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Will Rogers Continuation School
Public9 to 12

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 Anubhav Kawatra, Anubhav Kawatra, DRE #01881930

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.