14736 Gilmore, Van Nuys, California 91411, Van Nuys, 91411 - 0 bed, 0 bath
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Van Nuys, California 91411
Analysis of 14736 Gilmore, Van Nuys, California 91411 is currently available with a list price of $1,395,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1948 (76 years old) with no evidence of renovation. The MLS description explicitly suggests the option to demolish and build new, targeting investors and builders. Exterior images show significant neglect, including boarded-up windows, peeling stucco, and dated systems, indicating the value is primarily in the land and LARD 1.5 zoning.
The LARD 1.5 zoning on a generous 7,500 sqft lot offers significant upside for builders, allowing for the addition of ADUs or a complete redevelopment into a higher-density project.
Featuring three 2-bedroom, 1-bathroom units, the property provides a desirable configuration for renters, ensuring consistent demand and strong income potential in the Van Nuys market.
The inclusion of three detached garages and a dedicated storage/laundry room presents immediate opportunities for conversion or additional rental income streams.
Originally built in 1948, the existing improvements likely require substantial capital expenditures for modernization and maintenance to meet contemporary tenant expectations.
At a list price of $1.395M, the property is priced primarily for its land value and development potential, which may result in a lower initial cap rate for traditional investors.
Amazing opportunity for an investor and/or builder. Currently triplex with 2 bed 1 bath units and three detached car garages with storage/laundry room on 7499 sqft lot with LARD 1.5 zoning. You can build ADU to add two more units to the existing 3 units or demolish and build your own. The possibilities are endless.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1948 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 1, 2026
$1,395,000
Initial Listing
Dec 30, 2010
$327,503
Public Record