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14138 Gilmore St, Van Nuys, CA 91401
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14138 Gilmore St Van Nuys, CA 91401

$1,599,999
  • 8 Beds
  • 6 Baths
  • 3,577 Sq.Ft.
For Sale
$1,599,999 Get Pre-Qualified
Map preview of 14138 Gilmore St, Van Nuys, CA 91401

Property Overview: 14138 Gilmore St Van Nuys, CA has 8 bedrooms, 6 bathrooms, 3,577 living square feet and 7,502 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime location—schedule a showing today and seize the potential that awaits in Van Nuys.

Listed by Walter Lopez | BRE #01884265 | WGRES INC.
Co-listed by Mary Pehlevanian | BRE #01418617 | WGRES INC.
Last checked: 6 minutes ago | Last updated: May 7th, 2024 | Source CRMLS | DOM: 21
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SR24088475
City
Van Nuys
County
Los Angeles
Time on Site
25 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 4
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $967
  • Total Rent: $967
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $967
  • Total Rent: $967
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $869
  • Total Rent: $869
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $996
  • Total Rent: $996
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,072
  • Total Rent: $1,072
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,072
  • Total Rent: $1,072
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,364
  • Net Operating Income: $59,844
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,520
  • Trash: $3,720
  • Insurance: $2,400
  • Professional Management: $3,000
  • Water/Sewer: $2,400
  • Other Expenses: $936
  • Other Expense Description: Gas

Open Houses for 14138 Gilmore St

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Property Details for 14138 Gilmore St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 2237019005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Hazeltine & Gilmore
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Van Nuys Agent

Sale History for 14138 Gilmore St

Last sold for $690,000 on September 16th, 2016

  • May, 2024

  • May 6, 2024

    Date

    Active

    CRMLS: SR24088475

    $1,599,999

    Price

  • September, 2016

  • Sep 16, 2016

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

  • December, 2015

  • Dec 2, 2015

    Date

    Sold (Public Records)

    Public Records

    $655,000

    Price

  • September, 2012

  • Sep 28, 2012

    Date

    Expired

    CRMLS: 12162129

    $329,000

    Price

  • Mar 5, 2012

    Date

    Active

    CRMLS: 12162129

    $349,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS A SHORT SALE..4units all tenant occupied, 2,two Bedroom1 bath and 2 one Bedroom 1 Bath,

  • October, 2011

  • Oct 28, 2011

    Date

    Expired

    CRMLS: 12155312

    $329,000

    Price

  • Aug 8, 2011

    Date

    Active

    CRMLS: 12155312

    $329,000

    Price

  • Listing provided courtesy of CRMLS

    This is a short sale transaction and sale is contingent upon lenders short sale approval. Grate investment opportunity. 4 units in the heart of Van Nuys. 2 one bed., one bath, 2 two bed. 1 bath. Drive by only. Do not disturb tenants. By appointments only. Inspection and showing will be scheduled after acceptance only. Hurry, won't last

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Tax History for 14138 Gilmore St

Assessed Value (2020): $891,414
Year Land Value Improved Value Assessed Value
2020 $530,604 $360,810 $891,414

Home Value Compared to the Market

This property vs the competition

14138 Gilmore St is listed 82.86% higher than the median list price for the city of Van Nuys which has a median list price of $875,000. The median price per/sqft for Van Nuys is $555 and this home is listed at $447.3 per/sqft which puts the price per square foot 19.41% lower than the median price per square foot for the city of Van Nuys.

About 14138 Gilmore St

Detailed summary of property

14138 Gilmore St is a fourplex located in Van Nuys, CA 91401 and is currently for sale. This fourplex offers 8 bedrooms, 6 bathrooms, roughly 3,577 living square feet, and sits on an approximately 7,502 square foot lot. 14138 Gilmore St was first listed on ArdentRealEstateGroup.com on May 6, 2024. The homeowner is currently asking $1,599,999. The median priced home in Van Nuys is $875,000 with a median price per square foot of $555. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 82.86% higher than the median priced home. Local competing homes currently for sale include 6669 De Longpre Ave, 1231 N Cherokee Ave and 6446 W 6th St. While the average home in Van Nuys, CA is selling in 56 days, 14138 Gilmore St has a days on market of 21 days. There are currently 110 homes for sale in the Van Nuys real estate market and 81 of them are single family homes while 22 of them are condos and 7 are townhomes. For more information on this home for sale at 14138 Gilmore St Van Nuys, CA 91401 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 14138 Gilmore St

Public county record property details
Beds
8
Baths
6
Year built
1912
Sq. Ft.
3,577
Lot Size
7,499
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
2237-019-005

The source for these homes facts are from public records.

91401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,275,000
Median List Price/Sq.Ft.
$651
Median Sold Price
$970,000
Median Sold Price/Sq.Ft.
$588
Total Inventory
67
Median Sale to List Price %
117.01%
Avg Days on Market
25
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (25%), Other (37.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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