CLOSED ESCROW

MULTIFAMILY

14902 gilmore street

VAN NUYS, CA 91411

PRICE

PRICE/UNIT

PRICE/SF GRM

CAP RATE

$1,112,500

$158,928

$244

13.15

4.61

DEAL HIGHLIGHTS​:

  • 1031 Exchange Buyer

  • All Cash Purchase

  • Fifteen Day Close

 

ASSET HIGHLIGHTS

  • Corner Lot on a Busy Van Nuys Street

  • Large Units

  • Two Recently and Fully Renovated Units

  • On-Site Laundry Room & Parking

  • Well-Maintained Building

THE ASSET

The Hirth Group is pleased to introduce a seven-unit apartment building for sale located at 14902 Gilmore Street in Van Nuys, CA. This two story property was built in 1974 and consists of seven large studio units. Three of those units have recently been completely renovated and are ready for new tenants to move in. Amenities include a shared laundry room and on-site parking. The building has been maintained well and offers an investor the opportunity to walk into a stable asset with no major headaches.

Located one block north of Victory Boulevard, the subject property is situated on the corner of Kester Avenue and Gilmore Street. Tenants are within walking distance of local schools, places of business, and major retail centers in the city of Van Nuys.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010