For SaleRisky Deal6 days on market

23328 Gilmore St

23328 Gilmore St, West Hills, CA 91307, West Hills, CA 91307
$799,000

Listing Price

Property image 1
23328 Gilmore St, West Hills, CA 91307
Loc: West Hills, CA
Days Listed
6
Tax Assessed
$278k
Lot Size
7,119 sqft
Rent Estimate
$5,155/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Welby Way Elementary Charter School

K-5
0.3 mi away
8

George Ellery Hale Charter Academy

6-8
0.9 mi away
8

El Camino Real Senior High School

9-12
1.3 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

ranch stylesingle-storystucco exteriorattached garagesunset viewresidentialspacious front yardbasketball hoopsuburbandrivewaymid-century influencelandscaped

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.10%
Total ROI
69.7%
Cash Flow
$-750/mo
DSCR
0.82
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-750/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in West Hills, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-11Listed for sale$799,000$689
1997-08-28Sold$170,500$147

Tax History

YearProperty TaxTax Assessment
2026$0$277,657
2025$3,596.65$272,214
2024$3,546.92$266,877
2023$3,483.37$261,645
2022$3,329.42$256,516
2021$3,286.42$251,487
2020$3,315.21$248,909
2019$3,315.21$244,029
2018$3,085.58$239,245
2017$3,085.58$234,555
2016$3,018.68$229,957
2015$2,943.73$226,504
2014$2,920.99$222,068
2012$0$216,732
2011$0$212,484
2010$0$210,897
2009$0$211,399
2008$0$207,255
2007$0$203,193
2006$0$199,210
2005$0$199,210
2004$0$191,476
2003$0$187,968
2002$0$184,283
2000$0$177,130
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,160
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/2ba in West Hills
+18% vs. list
$
$52,200
75% Rule
Maximum Allowable Offer (MAO)
$654,915

Calculated as (75% × $942,820) − $52,200

Asking Price is $144,085 (18.0%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $654,915 based on $52,200 in required updates.
Current Asking Price:$799,000
Estimated ARV:$942,820
Estimated Renovation:$52,200
All-In Capital Basis (MAO + Rehab):$707,115
Projected Equity Margin:+$235,705
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $799,000[Observed] Rent: $5,155/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $400/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.10%

NOI: $40,750/yr

Cash-on-Cash Yield
-4.9%

On $183,770 invested

DSCR Ratio
0.82x

Negative debt coverage

5-Yr Leveraged ROI
+69.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$174/mo
[Estimated]Homeowner / Hazard Insurance-$400/mo
[Defaulted]Vacancy Reserve (5% of rent)-$258/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$516/mo
[Defaulted]Property Management (8% of rent)-$412/mo
Total Pure Operating Expenses-$1,759/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,155/mo
Less: Operating Expenses-$1,759/mo
Net Operating Income (NOI)+$3,396/mo
Less: Debt Service (30yr @ 6.75%)-$4,146/mo
Net Cash Flow
$-750/mo
$-9,000/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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