For sale · Active

19406 Gilmore

Reseda, CA 91335

$1,250,000
Lot size0.1639 acres
Property typeApartment
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Listing broker / agent: HK Realty · Anahit Petrosyan · opesrealty@gmail.com · CRMLS

MLS # GD26222109 · Last checked Oct 22, 2026 02:12 UTC

About this property

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 details

MLS number
GD26222109
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.1639 acres
County
Los Angeles
Year built
1958
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1958
Year built source
Assessor
Building stories
2
Entry level
1

Rooms & interior

Laundry
Laundry Room

Exterior & parking

Total parking spaces
6
Garage spaces
6
Pool
None
Lot features
Zero To One Unit Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Calvert Charter for Enriched Studies (school website, opens in a new tab) Los Angeles Unified · Woodland Hills K–5 0.6 mi
Vanalden Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Reseda K–5 0.7 mi
Shirley Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Reseda K–5 0.7 mi
Diane S. Leichman Career Preparatory and Transition Center (school website, opens in a new tab) Los Angeles Unified · Reseda 11–12 0.9 mi
Tarzana Elementary (school website, opens in a new tab) Los Angeles Unified · Tarzana K–5 1.1 mi
Sven Lokrantz Special Education Center (school website, opens in a new tab) Los Angeles Unified · Reseda K–12 1.1 mi
Sherman Oaks Center for Enriched Studies (school website, opens in a new tab) Los Angeles Unified · Reseda 4–12 1.1 mi
Stanley Mosk Elementary (school website, opens in a new tab) Los Angeles Unified · Winnetka K–5 1.3 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,250,000
MLS-reported original asking price
$1,250,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 13, 2026 17:25$1,250,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Reseda

Active residential homes for sale in Reseda, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings75Current authorized inventory
Median asking price$754,45775 listings with a valid price
Median asking price / sq ft$508.9364 listings with confirmed sq ft
Median days on market2075 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction12
Listings with an increase0

12 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-22 02:38 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Payment calculator

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Loan assumptions and ownership costs

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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