We are excited to present 14658 Gilmore St, a 100% affordable development project in Van Nuys, California. The 9,225 square foot (0.21 acre), corner lot is RTI (ready-to-issue) for a 5-story building with 48 affordable units. Being RTI allows developers to start building as soon as they close escrow. The project consists of a total of 48 units: 1 studio, 43 one-bedroom, 3 two-bedroom, and 1 three-bedroom. Additionally, the first floor features an office and a recreation room. Zero parking is required since major transit is within a half mile, but plans include 10 parking spaces (3 standard and 7 compact) for added convenience. Furthermore, there is potential to create an additional 12 accessory dwelling units (ADUs) by eliminating the parking spaces.The offering is located in a qualified Opportunity Zone which presents a wide range of benefits for an investor. Investors can take advantage of significant tax incentives, including deferral, reduction, and potential elimination of capital gains taxes, which can greatly enhance overall returns. With Opportunity Zones set to expire at the end of 2026, this project affords an investor the extraordinary opportunity to buy, build, and refinance before its expiration. This project will benefit from current and future developments in the area resulting in rent growth and gentrification.The site is nestled in the vibrant area of Van Nuys within Los Angeles, California, representing a favorable location for residents and investors alike. Its strategic position in the heart of the San Fernando Valley offers an exceptional blend of accessibility, amenities, and lifestyle opportunities. With major freeways like the I-405 and US-101 nearby, residents enjoy seamless connectivity to the broader Los Angeles area, facilitating easy commutes to major employment hubs such as downtown Los Angeles and the bustling tech industries of Silicon Beach. Additionally, the area boasts a diverse array of dining, shopping, and recreational options, enhancing the quality of life for its inhabitants. The local real estate landscape is characterized by a mix of residential properties, ranging from charming single-family homes to modern apartments, making it a suitable choice for a variety of preferences and budgets.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Other
Directions Information:
Directions: Cedros & Gilmore
Price Information
Listing Price Info
Price Summary:
List Price: $1,995,000
Tax Information:
Annual Amount: $2,662
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $973.4K 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: #24382413
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
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: 12/22/2024, 12:21:00 PM 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
Nov 21, 2000
Nov 21, 2000Home Sold
$135,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,662
$193,961
2020
$2,589
$191,973
2019
$2,446
$188,210
2018
$2,394
$184,520
2017
$2,394
$180,903
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
Ararat Charter
6555 Sylmar Ave
Distance between this listing and this school0.39 miles
Public Charter Grades KG-5
5
/10
Van Nuys Elementary School
6464 Sylmar Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-5
3
/10
Sylvan Park Elementary
6238 Noble Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Nearby Schools
4
/10
Valley Charter Middle School
14646 Sherman Way
Distance between this listing and this school0.91 miles
Public Charter Grades 6-8
5
/10
High Tech la Middle School
5435 Vesper Ave Rm B50
Distance between this listing and this school1.24 miles
Public Charter Grades 6-8
5
/10
Van Nuys Middle School
5435 Vesper Ave
Distance between this listing and this school1.24 miles
Public District Grades 6-8
Nearby Schools
2
/10
Will Rogers Continuation
14711 Gilmore St
Distance between this listing and this school0.07 miles
Public District Grades 9-12
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school0.17 miles
Public District Grades 9-12
6
/10
Champs - Charter High School of Arts-Multimedia & Performing
6842 Van Nuys Blvd
Distance between this listing and this school0.62 miles
The neighbors living near this home have an average income of $45,154. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 14658 Gilmore St
What is the listing price of this property?
The listing price of 14658 Gilmore St property is $1,995,000.
What type of property is this?
The property 14658 Gilmore St is land located in Van Nuys, California, 91411.
Is this property for sale now?
Active Listing: 14658 Gilmore St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,662 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 21, 2000 for $135,000. (source: MLS/tax record).
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This home is located at 14658 Gilmore St in Van Nuys, CA and zip code 91411 in the The San Fernando Valley neighborhood. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $1,995,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
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. 
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