Property
Listing Agent: Enrique Viramontes (DRE #01372010) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Paul Margolis · Rodeo Realty · MLS #23261207 · Source: CRMLS
Presenting the sale of "The Gilmore Apartments." A newly built modern and luxurious 6 unit building comprised of four large (3 bed + 3 bath) apartments and two amazing (1 bed + 1 bath) ADU's. This is an extremely sought after asset; all units were designed with an open and attractive floor plan totaling up to 1,456 SF of living space for the 3-bedroom units. The ADU's have a total of 586 SF & 716 SF of living area (buyer to verify). Each unit is equipped with central HVAC along with options for in-unit washer & dryers, stainless steel appliances, balconies, and private covered parking. Every unit is separately metered for utilities: gas and electricity (water on submeters)!The Gilmore projects have an incredible CAP rate of 5.53% from day one! This Van Nuys neighborhood is experiencing incredible growth and inundation from young professionals along with families that seek the quality that this building offers.
Listing description from the November 2023 sale, as reported to CRMLS.