14902 Gilmore Street, Van Nuys, CA 91411

$1,170,000
4,600
SqFt
List Price
$1,170,000
Price Change
▼ $90,000 1562649609
MLS#
SR19133886
Living Sq. Ft
4,600
Lot Size
6,367
Property Type
Multifamily
Status
Active

Property Description

This investment opportunity is located off Kester Avenue and Gilmore Street, just blocks from Van Nuys High School. The property consists of four (4) large studio units, approximately 550 sq. ft., and three (3) large one-bedroom units, each roughly 800 sq. ft. Within the last two years, the property has seen extensive renovations to three of the seven units, including new flooring, paint, bathroom vanities, and kitchen counter tops. This value-add opportunity allows a new investor the ability to turn the remaining four units and capture the strong upside this rental market has to offer.

Additional Information

Units
7
Gross Scheduled Incom
$92,664
Net Operating Income
$52,696
Year Built
1974
View
Pool Description
No Pool
Lot Description
Sidewalks, Back Yard
Sewer
Public Sewer
Water
Water District, Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Reza Ghobadi, Reza Ghobadi.

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