14253 Gilmore Street A, Van Nuys, California 91401, Van Nuys, 91401 - 0 bed, 0 bath
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Van Nuys, California 91401
Analysis of 14253 Gilmore Street A, Van Nuys, California 91401 is currently available with a list price of $2,645,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property is dated and exceeds the 20-year threshold for 'Fair' condition. While one unit has been excellently renovated with modern tile and vanities, the remaining four units are in original condition and require updates. The systems are functional with central HVAC and a recently maintained roof, but the majority of the interior spaces need cosmetic improvements.
The property consists of five individually parceled units, providing a unique exit strategy with the potential to sell units separately or hold as a single multi-family asset.
Built in 1991 and exempt from Los Angeles RSO and AB1482, this asset allows for market-based rental adjustments without local rent caps, maximizing income potential.
Each unit features high-demand amenities including attached 2-car garages with direct access, central HVAC, in-unit laundry hookups, and individual utility metering.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6092, other record living area = 1225.
With only one unit recently updated, the remaining four units require capital expenditure for improvements to achieve maximum market rents and modernize the asset.
Despite recent roof treatments, the 1991 construction and largely original condition of most units suggest potential near-term maintenance needs for aging systems and interiors.
MUST READ...Non Rent Control - Five individually parceled 3-bedroom, 3-bath townhome-style condominium units with attached garages, each with its own parcel numbers (2237-021-026 through 2237-021-030), offering a unique ownership structure with flexibility not commonly found in the marketplace, including the potential for individual unit sales. Built in 1991 and not currently subject to Los Angeles RSO or AB1482, with no local rent cap, allowing for market-based rental adjustments. Each unit features an attached 2-car garage with direct access, private balcony, central HVAC, in-unit laundry hookups, and separate water heater. All units are individually metered for gas and electricity. One unit has been updated, while the remaining units present a clear opportunity for future improvements. The roof has been recently siliconed, helping to reduce near-term maintenance. A rare configuration offering both current income and long-term flexibility in a single asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 8% |
| Baths | 0.0 | 2.0 | 8% |
| Square foot | 6,092 | 1,244 | 92% |
| Lot Size | 7,502 | 21,999 | 25% |
| Price | $2.65M | $592.0K | 92% |
| Price per sq ft | $434 | $458 | 25% |
| Built year | 1991 | 1988 | 67% |
| HOA | $0 | $554 | 8% |
| Days on market | 24 | 152 | 8% |
May 22, 2026
$2,645,000
Initial Listing
Nov 22, 2017
$1,475,000
Public Record
Aug 31, 2000
$365,000
Public Record