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 | |
Updated | March 30th, 2020 |
Type | Multi-family |
Price | $1,590,000 |
Building | 3,679 Sq. Ft. |
Land | 0.17 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