Property subject to AB 1482 (5% + CPI Rent Increase). Built in 1986, 14239 Gilmore Street is a well-maintained 8-unit multifamily property featuring a balanced mix of spacious one- and two-bedroom apartments. The building offers solid construction and functional layouts, appealing to long-term renters and investors seeking stable cash flow. With clear upside potential through modern upgrades and ADU potential at the rear of the property (Buyer to verify), this asset presents a rare true value-add opportunity in today’s competitive market. Ideally situated in the heart of the San Fernando Valley, the property benefits from a prime central location with strong tenant demand and close proximity to major employment centers, shopping, and entertainment. Tenants enjoy convenient access to the I-405, US-101, and I-5 freeways for seamless connectivity throughout Los Angeles. The area’s consistent rental demand, diverse community, and long-term growth trajectory make 14239 Gilmore Street a highly desirable and enduring investment opportunity.
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Listing Snapshot
Price
$1,800,000
Days On Site
4 Days
Bedrooms
N/A
Inside Area (SqFt)
6,224 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1722 Acres
Year Built
1986
MLS® Number
SR25244793
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
5 days ago
Listing first seen on site
5 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.1722
Land Lease
No
Levels
Three Or More
Number Of Stories
1
Parking
CoveredTandem
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
6224
Utilities
Electricity AvailableNatural Gas AvailableSee Remarks
Water Source
Public
Interior Features
Cooling
Wall/Window Unit(s)
Fireplace Features
None
Heating
Forced Air
Laundry Features
Laundry Room
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Exterior Features
Lot Features
Near Public Transit
Pool Features
None
Community Features
Building Access
1
Community Features
Street LightsSidewalks
Financing Terms Available
CashConventional1031 Exchange
MLS Area
VN - Van Nuys
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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