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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.*
Property Type(s):
Residential Income
| Last Updated | 10/13/2026 | Year Built | 1958 |
|---|---|---|---|
| Community | RES - Reseda | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AREA | RES - Reseda |
|---|---|
| GARAGE | Yes |
| LOT | 7139 sq ft |
| LOT DIMENSIONS | 7138 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with HK Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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