Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime location—schedule a showing today and seize the potential that awaits in Van Nuys.
Property Details
Property Features
Property Information:
Year Built: 1912
Stories: 2
Listing Office:
Office Name: WGRES INC.
Office Phone: (818) 401-3937
Listing Agent: Walter Lopez
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: Hazeltine & Gilmore
Price Information
Listing Price Info
Price Summary:
List Price: $1,599,999
Tax Information:
Annual Amount: $11,479
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $576.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24088475
Listing Office:
Office Name: WGRES INC.
Office Phone: (818) 401-3937
Listing Agent: Walter Lopez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 16, 2016
Sep 16, 2016Home Sold
$690,000
Dec 02, 2015
Dec 02, 2015Home Sold
$655,000
Apr 30, 2004
Apr 30, 2004Home Sold
$470,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,479
$900,648
2020
$11,152
$891,414
2019
$10,998
$873,936
2018
$10,723
$856,800
2017
$10,723
$840,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Van Nuys Elementary School
6464 Sylmar Ave
Distance between this listing and this school0.28 miles
Public District Grades KG-5
5
/10
Ararat Charter
6555 Sylmar Ave
Distance between this listing and this school0.36 miles
Public Charter Grades KG-5
4
/10
Andres and Maria Cardenas Elementary
6900 Calhoun Ave
Distance between this listing and this school0.62 miles
Public District Grades KG-5
Nearby Schools
4
/10
Valley Charter Middle School
14646 Sherman Way
Distance between this listing and this school1.11 miles
Public Charter Grades 6-8
5
/10
High Tech la Middle School
5435 Vesper Ave Rm B50
Distance between this listing and this school1.36 miles
Public Charter Grades 6-8
5
/10
Van Nuys Middle School
5435 Vesper Ave
Distance between this listing and this school1.36 miles
Public District Grades 6-8
Nearby Schools
6
/10
Champs - Charter High School of Arts-Multimedia & Performing
6842 Van Nuys Blvd
Distance between this listing and this school0.64 miles
Public Charter Grades 9-12
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school0.72 miles
Public District Grades 9-12
2
/10
Will Rogers Continuation
14711 Gilmore St
Distance between this listing and this school0.72 miles
The neighbors living near this home have an average income of $31,303. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 14138 Gilmore St in Van Nuys, CA and zip code 91401 in the The San Fernando Valley neighborhood. This home, which was built in 1912, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $1,599,999.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.