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 mention of renovations. The listing explicitly suggests the option to demolish and build new, indicating the property is being sold primarily for its land value and LARD 1.5 zoning potential.
The LARD 1.5 zoning on a generous 7,500 sqft lot offers significant upside, allowing for the addition of ADUs or a complete multi-unit redevelopment to maximize density.
As an existing triplex featuring three 2-bedroom units, the property provides immediate cash flow for investors while they navigate permitting or renovation phases.
The presence of three detached garages and a separate laundry/storage room provides essential tenant amenities and potential for future ADU conversions.
Constructed in 1948, the property likely requires significant capital expenditure for modernization and maintenance of aging structural and mechanical systems.
The list price of $1.395M is heavily weighted toward land value and development rights, which may result in a lower initial cap rate compared to turnkey income properties.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,392 | 2,767.5 |
| Lot Size | 7,502 | 7,616 |
| Price | $1.40M | $1.30M |
| Price per sq ft | $583 | $485 |
| Built year | 1948 | 1987 |
| HOA | $0 | $0 |
| Days on market | 16 | 133 |
Jul 6, 2026
$1,395,000
Initial Listing
Dec 30, 2010
$327,503
Public Record