Rare investment opportunity with huge upside in rents: Five individually parceled 3-Bed / 2.5-Bath Condominiums built in 1991, each with its own APN (2237-021-026, 2237-021-027, 2237-021-028, 2237-021-029, 2237-021-030) and featuring attached 2-car garages with direct access, private balconies, in-unit washer/dryer hookups, dishwashers, and central HVAC. Per ZIMAS, these units are not subject to RSO rent control and not subject to AB1482 (individually owned condos, not held by a corporation or trust). All units are individually metered for electric and gas and have their own water heaters. One unit has been fully remodeled, leaving four units primed for value-add cosmetic upgrades, creating excellent potential for strong cash flow, renovation upside, and multiple exit strategies.
Property Details
Price:
$2,650,000
MLS #:
BB25090990
Status:
Active
Baths:
0
Address:
14253 Gilmore Street
Type:
Residential Income
Subtype:
Condominium
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
May 6, 2025
State:
CA
ZIP:
91401
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1991
See this Listing
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Schools
Interior
Heating
Central
Exterior
Community Features
Curbs
Garage Spaces
5.00
Parking Features
Assigned, Attached Carport, Garage, Garage Door Opener, Gated, Private
Parking Spots
5.00
Pool Features
None
Sewer
Sewer Paid
Stories Total
3
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address14253 Gilmore Street Van Nuys CA
- AreaVN – Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91401
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14253 Gilmore Street
Van Nuys, CA
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