Overview
- Condominium
- 5
- 1991
Description
Rare investment opportunity with huge upside in rents: Five individually parceled 3-Bed / 2.5-Bath Condominiums built in 1991, each with its own APN (2237-021-026, 2237-021-027, 2237-021-028, 2237-021-029, 2237-021-030) and featuring attached 2-car garages with direct access, private balconies, in-unit washer/dryer hookups, dishwashers, and central HVAC. Per ZIMAS, these units are not subject to RSO rent control and not subject to AB1482 (individually owned condos, not held by a corporation or trust). All units are individually metered for electric and gas and have their own water heaters. One unit has been fully remodeled, leaving four units primed for value-add cosmetic upgrades, creating excellent potential for strong cash flow, renovation upside, and multiple exit strategies.
Address
Open on Google Maps- Address Gilmore
- City Van Nuys
- State/county Los Angeles
- Zip/Postal Code 91401
Details
Updated on November 3, 2025 at 3:07 am- Property ID: HZBB25090990
- Price: $2,700,000
- Garages: 5
- Year Built: 1991
- Property Type: Condominium
- Property Status: ResidentialIncome
- Listed by: Alen Arutyunyan
- DRE #: 01711886
- Contact Phone: 8186403989
- Contact Mail: LEADRealtyLending@gmail.com
- Brokered by: LEAD Realty & Lending
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