14239 Gilmore St Van Nuys, CA 91401

$1,050,000 Sold Price as of 03/29/2006

12 Beds
8 Baths
6,224 Sq.Ft.

Off Market

$1,050,000 Sold Price as of 03/29/2006 Refinance Your Mortgage

Map preview of 14239 Gilmore St, Van Nuys, CA 91401

Property Overview: 14239 Gilmore St Van Nuys, CA has 12 bedrooms, 8 bathrooms, 6,224 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

14239 Gilmore St is currently an off market home in the city of Van Nuys. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Van Nuys has a median list price of $899,900. The median price per/sqft for Van Nuys is $528. With those numbers in mind, if you are looking to purchase a median priced home in Van Nuys, CA and put 20% down you will need to save up $179,980 for the down payment and will need roughly $17,998 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Van Nuys the commission could be as much as $43,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Van Nuys Agent

Sale History for 14239 Gilmore St

Last sold for $1,050,000 on March 29th, 2006

December, 2023
Dec 8, 2023

Date

Canceled

CRMLS: 23311671

$2,000,000

Price
Sep 14, 2023

Date

Active

CRMLS: 23311671

$2,000,000

Price
Listing provided courtesy of CRMLS

Because it was constructed in 1986, the property is not subject to Los Angeles Rent Control, instead allowing for larger annual rent increases under California AB1482. A new investor can capitalize on the fact that current rents have ample room for growth, as they currently sit approximately 64% below market rates. Listed at an attractive price per unit and price per square foot, this asset presents an opportunity to add significant value as cash flows rapidly increase due to its higher allowable rent raises. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor a substantial amount of proceeds. Tenants enjoy ample covered parking, while additional income is provided via the on-site laundry facilities. Situated one block north of Victory Boulevard, between Van Nuys Boulevard and Hazeltine Avenue, the property lies in the heart of Van Nuys. This location allows tenants to be within blocks of the upcoming East San Fernando Valley Light Rail line, with a station planned for the corner of Victory Boulevard and Van Nuys Boulevard. In addition to providing quick transport within the Valley, this light rail line will offer residents convenient connections to both the Metrolink train and the Metro Orange and Red Lines. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.

Continue Reading
March, 2006
Mar 29, 2006

Date

Sold (Public Records)

Public Records

$1,050,000

Price
August, 2004
Aug 24, 2004

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 14239 Gilmore St

Assessed Value (2020): $1,312,037

Year	Land Value	Improved Value	Assessed Value
2020	$624,779	$687,258	$1,312,037

About 14239 Gilmore St

Detailed summary of property

14239 Gilmore St is categorized with a use code of Apartment House (5+ Units) in Van Nuys, CA 91401 and last sold on March 29, 2006 for $1,050,000. This property has 12 bedrooms, 8 bathrooms, roughly 6,224 living square feet, and sits on an approximately 7,499 square foot lot. Homes in Van Nuys are selling for a median price of $860,000 and a median price per square foot of $506. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is sold 22.09% higher than the current median priced home. 14239 Gilmore St was last sold on March 29, 2006 for $1,050,000. Local nearby listings include 2674 Claray Dr, 2605 Basil Ln and 2526 Almaden Court. The average home in Van Nuys, CA is selling in 58 days. There are currently 96 homes for sale in the Van Nuys real estate market and 68 of them are single family homes while 17 of them are condos and 11 are townhomes. If you are the homeowner and looking to sell the home at 14239 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 14239 Gilmore St

Public county record property details

Beds: 12
Baths: 8
Year built: 1986
Sq. Ft.: 6,224
Lot Size: 7,499
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 2237-021-019

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

$1,150,000

Median List Price/Sq.Ft.

$646

Median Sold Price

$970,000

Median Sold Price/Sq.Ft.

$588

Total Inventory

Median Sale to List Price %

117.01%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (25%), Other (37.5%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote