10-Unit Adjacent Multifamily Opportunity 2 Multifamily Properties in Van Nuys, CA

Presenting a unique opportunity for investors to acquire 14638 and 14642 Gilmore St, two adjacent multi-family properties in Van Nuys. The assets provide a combined footprint of over 6,100 square feet across two parcels totaling approximately 0.35 acres, ideal for those seeking scale and long-term value in Los Angeles’ San Fernando Valley.
14638 Gilmore features a five-unit apartment building with a low-rise design, built in 1954, and currently fully occupied. The property includes a mix of one-bedroom units and a studio, offering stable income and potential for future upgrades.
14642 Gilmore is a single-story multi-family property built in 1952 with seven bedrooms and five bathrooms across two buildings. The property offers versatile configurations suitable for value-add strategies or continued rental operations.
Both properties are located near major transportation corridors, including Van Nuys Boulevard and Victory Boulevard, with convenient access to the 405 and 101 freeways. The surrounding neighborhood offers schools, retail, and public transit, supporting strong tenant demand. Additionally, 14638 Gilmore is situated in an Opportunity Zone, providing potential tax advantages for qualified investors.