14622 Gilmore St Immeuble residentiel 6 lots 1 843 590 € (307 265 €/Lot) Taux de capitalisation 5,26 % Van Nuys, CA 91411

Marcus & Millichap is pleased to present the opportunity to acquire a well-maintained multifamily property located at 14622 Gilmore St, Van Nuys, California. This property, offered for sale by the original developer, consists of six townhouse-style units, each designed with high-end, condo-quality finishes . Built in 2009, the units feature
modern amenities including central air and heat, individual water heaters, ample subterranean garage parking, and washer/dryer hookups—providing a top-tier living experience for residents. All six units are made up of two bedrooms, two full bathrooms, and one
half bathroom. Additionally, the property is subject to California's AB 1482, allowing for higher annual rent increases compared to most multifamily properties
in Los Angeles City.
This is a prime opportunity for an investor to capitalize on the property’s quality and condition while benefiting from the potential for substantial rental upside. With consistent rental increases and unit turnover, a new owner could further enhance returns. There is
also an opportunity to sub-meter water, increasing cash flow. The property is ideally located within walking distance of the highly
anticipated East San Fernando Valley light rail line, a transformative 6.7-mile metro project that will provide convenient north-south transportation throughout the valley and connect riders across Los Angeles without the need for a car. In addition, with a direct connection to the Orange Line, renters will have easy access to major employment centers across the city. Major new developments and planned projects in the San Fernando Valley continue to underscore the area’s strong market
fundamentals , supporting ongoing rental demand.