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14658 Gilmore St Van Nuys (los Angeles), CA, 91411
$2,200,000 Land for sale 0.21 acres
We are excited to present 14658 Gilmore St, a 100% affordable development project in Van Nuys, California. The 9,225 square foot (0.21 acre), corner lot is RTI (ready-to-issue) for a 5 story building with 48 affordable units. Being RTI allows a developer to start building as soon as they close escrow. The project includes a great mix of 1- Studio, 43- 1 Bed, 3- 2 Bed and 1- 3 Bed units. Zero parking is required when within a half mile of major transit but unlike most projects, plans call for 10 parking stalls (3 standard and 7 compact), adding a layer of value and convenience. In addition, there is the great opportunity to build even more units by scrapping the parking and adding up to 12 ADUs. The offering is located in a qualified Opportunity Zone which presents a wide range of benefits for an investor. Investors can take advantage of significant tax incentives, including deferral, reduction, and potential elimination of capital gains taxes, which can greatly enhance overall returns. With Opportunity Zones set to expire at the end of 2026, this project affords an investor the extraordinary opportunity to buy, build and refinance before its expiration. This project will benefit from current and future new development in the area resulting in rent growth and gentrification.The si
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Property details
9,153 sqft interior area
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None
Land area
9,153 sqft (0.21 acres)
Price per sqft
$240/sqft
Days on Verhouse
32
Address
14658 Gilmore St, Van Nuys (los Angeles), CA, 91411
City of California
Van Nuys (los Angeles)
County
Los Angeles
District
Listing
Zoning
LAR3
Open Houses
No upcoming open houses
Listed by
Filip Niculete, Marcus & Millichap
Name
Filip Niculete
License number
01905352
Brokerage company
Marcus & Millichap
MLS #
CL24382413
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Calculate your monthly payments
Mortgage
$6,755
Taxes
$0
HOA dues
$0
Mortgage
$440,000 / 20%
2.28%
30 years
Your amount
$6,755 / month
Lot details
TMK #2236022012
Parcel #
2236022012
91411 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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High school
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Local airport
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no data
People living in 91411
45%
Families with children
National average: 39%
38%
Non family households
515,689
Population
$97,004
Average Income
Age & gender
Median age 36 years
More info
Commute types
82% commute by car
More info
Education level
22% have bachelor education
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Number of employees
2% work in education and healthcare
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Vehicles available
39% have 1 vehicle
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Vehicles by gender
39% have 1 vehicle
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Housing market insights for
$1.21m
Neighborhood average
sales price*
sales price*
$900k
Neighborhood median
sales price*
sales price*
524
Number
of sales*
of sales*
Housing type
37% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
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Owners vs Renters
62% are renters
More info
18.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Location Details, Documents & Disclosures
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Directions to property
Cedros & Gilmore
Price history
New Listing Apr 19, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 19, 2024 | New Listing | $2,200,000 +135.29% | 240.36 | MLS #CL24382413 |
| Jul 13, 2023 | Sold | $935,000 | 0 | Public Record |
| Jul 13, 2023 | Price Increase | $935,000 +1.08% | 0 | MLS #CRSR23056767 |
| Apr 7, 2023 | Under contract | $925,000 | 0 | MLS #CRSR23056767 |
| Apr 6, 2023 | New Listing | $925,000 | 0 | MLS #CRSR23056767 |
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Frequently Asked Questions about 14658 Gilmore St
What is 14658 Gilmore St?
14658 Gilmore St is a lot of 0.21 acres (about is 9,153 sqft).
What is the full address of this Land?
14658 Gilmore St, Van Nuys (los Angeles), CA, 91411.
Tell me about the point of interest nearby
The closest grocery stores are Ranch 99, 0.71 miles away and Super King, 1.03 miles away.
Based on information from the bridgeMLS as of 05-20-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 27, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Ranch 99, 0.71 miles away and Super King, 1.03 miles away.
The 91411 zip area has a population of 515,689, and 45% of the families have children. The median age is 36.84 years and 82% commute by car. The most popular housing type is "single detached" and 62% is renter.
