Property Listing No Longer Available for Sale

14746 Gilmore Street, Van Nuys, CA

Multi-family for Sale - $1,590,000 - 3,679 Sq. Ft. on 0.17 acres


Property Info

CIMLS#1071209
Location
  14746 Gilmore Street
  Van Nuys CA 91411
UpdatedMarch 30th, 2020
TypeMulti-family
Price$1,590,000
Building3,679 Sq. Ft.
Land0.17 acres

Property Description

What an opportunity to get a 5.5% cap rate and there is still more upside potential! This unique property consists of 2 separate buildings. A 2 Bedroom, 2 Bath front house and 2 - 3 Bedroom, 2 Bath Townhome style units at the rear of the property. All of which have been recently remodeled with Hardwood Floors and Marble Countertops. Property is very low maintenance with plenty of on-site parking. Each unit is individually metered for electricity and gas. Property is centrally located near public transportation, freeways, courthouse and restaurants. Developers this property has the ability to add additional units.


Financials

Gross Income: $87,480

Net Income: $81,480



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