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14642 Gilmore St
Van Nuys, CA 91411 Van Nuys

$850,000 USD

Apartments For Sale  •  3,483 SF

Property Details

• Property Type Apartments
• Total Building Size 3,483 SF
• Lot Size 0.17 AC
• Building Class C
• Year Built 1952
• Cap Rate 4.23 %

50 Transit Score

70 Walk Score

Highlights

76% rental upside with current rents averaging $1,133 vs. market $1,990.

Offered at $850,000 ($170,000/unit) and $244/SF, well below replacement cost.

Located in a Qualified Opportunity Zone with powerful tax incentives.

Steps from Metro G-Line and Van Nuys Civic Center, prime transit-oriented location.

Efficient 5-unit asset with three 1+1 and two 2+1 units on 0.17 acres.

Value-add potential through interior upgrades and loss-to-lease capture.

Cap Rate:

4.23 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	2.3 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	7.4 mi
Airport	Drive	Walk	Distance
Bob Hope	12 min	-	6.5 mi
Los Angeles International	29 min	-	20.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Surface
Included in Rent:	Yes