Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Condominium

Bedrooms

5

Building size

6,092 sqft

Lot size

7,502 sqft

Year built

1991

Stories

3

Garage spaces

5

Heating

Central

Pool

None

Status

Active

Days on market

31

MLS #

246317386

About this property

MUST READ...Non Rent Control - Five individually parceled 3-bedroom, 3-bath townhome-style condominium units with attached garages, each with its own parcel numbers (2237-021-026 through 2237-021-030), offering a unique ownership structure with flexibility not commonly found in the marketplace, including the potential for individual unit sales. Built in 1991 and not currently subject to Los Angeles RSO or AB1482, with no local rent cap, allowing for market-based rental adjustments. Each unit features an attached 2-car garage with direct access, private balcony, central HVAC, in-unit laundry hookups, and separate water heater. All units are individually metered for gas and electricity. One unit has been updated, while the remaining units present a clear opportunity for future improvements. The roof has been recently siliconed, helping to reduce near-term maintenance. A rare configuration offering both current income and long-term flexibility in a single asset. Photos are virtually staged.

Location

14253 Gilmore Street

Van Nuys, Los Angeles, CA, 91401