New

$1,250,000

For Sale

15 hours ago

19406 Gilmore St, Reseda, CA

Name: 19406 Gilmore St, For Sale in Reseda - eXp Realty
Brand: HK Realty
SKU: GD26222109
Price: 1250000 USD

Condo

MLS® GD26222109

0 Bed

0 Bath

6 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes

Days Active 1

Approx. Age 1958

MLS® Number GD26222109

Property Address: 19406 Gilmore St, Reseda, CA, 91335-5715

Average square foot calculated using Size range provided by listing agent.

Description

PRIME 6-UNIT INVESTMENT OPPORTUNITY IN THE HEART OF THE SAN FERNANDO VALLEY ! Excellent opportunity to own a well-maintained, income-producing 6-unit multifamily property in a desirable and convenient Reseda location! Situated at 19406 Gilmore Street, this property offers an attractive unit mix of four 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units, totaling approximately 4, 294 square feet on a generous 7, 136-square-foot lot. The property features 6 parking spaces, individually metered gas and electricity for each unit, and an established rental history with reliable, long-term tenants who consistently pay their rent on time. Excellent value-add opportunity! Unit #1 has been recently renovated and successfully re-rented at current market rent, demonstrating the property's income potential. The remaining units are rented below market rates, offering investors the opportunity to increase rental income over time through legally permitted rent adjustments, subject to applicable rent control regulations. LOCATION, LOCATION, LOCATION! Conveniently situated just north of Victory Boulevard and west of Tampa Avenue, the property enjoys a central West San Fernando Valley location. Close to Los Angeles Pierce College, Warner Center, Westfield Topanga Shopping Center, restaurants, shopping, schools, and everyday conveniences. Easy access to major Valley thoroughfares adds to the location's appeal for tenants. Whether you're an experienced investor expanding your portfolio or a buyer looking for a multifamily investment with long-term growth potential, this property offers a compelling combination of established rental income, desirable unit mix, convenient parking, a central location, and future income upside. Don't miss this opportunity to acquire a 6-unit income-producing asset in the San Fernando Valley! *Seller intends to complete a 1031 exchange. The transaction will be at no additional cost or expense to the buyer and will not delay the close of escrow. Buyer agrees to cooperate with the seller's 1031 exchange at no cost or liability to the buyer.*

MLS® NumberGD26222109

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1958

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 13, 2026List Date

$1,250,000List Price

Commute

Commute

Starting Address

Destination Address

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