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14746 Gilmore Street, Van Nuys, CA 91411
8
beds
6
baths
3679
ft2
· 7500
ft2 lot
$1,590,000
$432 / ft2
Listing provided courtesy of Shari Vanole, First Class Real Estate.
Source CRMLS.
What an opportunity to get a 5.5% cap rate and there is still more upside potential! This unique property consists of 2 separate buildings. A 2 Bedroom, 2 Bath front house and 2 - 3 Bedroom, 2 Bath Townhome style units at the rear of the property. All of which have been recently remodeled with Hardwood Floors and Marble Countertops. Property is very low maintenance with plenty of on-site parking. Each unit is individually metered for electricity and gas. Property is centrally located near public transportation, freeways, courthouse and restaurants. Developers this property has the ability to add additional units.
HOA
$0/month
On market
1 year
Year built
1928
Property type
Multi-Family
Parking
6
MLS
SR20050229
Price / Sq.Ft.
$432 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $1,590,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$309/day
$0
Best
Flyhomes Guaranteed Offer
$7,950
- -
$7,950
Better
Discount Brokerage
$6,019
not offered
$6,019
Average
Traditional Brokerage
$0
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Variable
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Property Details
Interior Features & Layout
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Appliances
•   
Appliances: Gas Oven, Refrigerator
•   
Has Appliances
Interior Features
•   
Interior Features: Stone Counters
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central, Wall Furnace
•   
Cooling Details: Central Air, Wall/Window Unit(s)
Flooring
•   
Flooring: Wood
Interior Size
•   
Building Area Total: 3679.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: On Site, Uncovered
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 6.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 2
•   
Total Units: 3
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Composition
•   
Year Built Source: Assessor
•   
Construction Materials: Frame, Stucco
Lot Info
•   
Zoning: LARD1.5
•   
Lot Features: Rectangular Lot
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1722
•   
Lot Size Area: 7500.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Traditional
Property Features
•   
Property Condition: Turnkey, Updated/Remodeled
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
•   
Water Sewer Expense: 4200.00
•   
Cap Rate: 5.50
•   
Total Actual Rent: 7290.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 1800.00
•   
Total Expenses: 6000.00
•   
Gross Scheduled Income: 87480.00
•   
Tax Block: H
•   
Operating Expense: 6000.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2020
•   
Taxes: 8030.0
Lease Info
•   
Net Operating Income: 81480.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Terms
•   
Inclusions: Front House includes a stove. Townhomes include refrigerators and stoves.
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 2490.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 2490.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2400.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 2400.00
Multi Unit Information
•   
Number Wall Ac: 4
•   
Number With Refrigerator: 2
•   
# Of Units: 3
•   
Number Of Units Leased: 3
•   
Number With Range: 3
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2400.00
•   
Unit 1 Total Rent: 2400.00
School Neighborhood & Directions
Location
•   
Community Features: Street Lights, Suburban
•   
Directions: West on Victory, turn right on Willis, turn right on Gilmore.
Other
Calculation
•   
Dom: 112
•   
Cdom: 112
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 14, 2021 12:24am
Neighborhood snapshot
28
Properties for sale
12
Median days on market
$508.53
Median sold price/sqft
100.90%
Sold/List %
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Property History
03/06/2020
03/06/2020
CRMLS #SR20050229
active
CRMLS #SR20050229
$1,590,000
+745.74%
05/26/1998
05/26/1998
Public Record
sold
Public Record
$188,000
+0.52%
11/05/1997
11/05/1997
Public Record
sold
Public Record
$187,027
+936.91%
07/07/1995
07/07/1995
Public Record
sold
Public Record
$18,037
--54.91%
10/07/1993
10/07/1993
Public Record
sold
Public Record
$40,000
--82.22%
See more property history
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