5236 Kester Avenue, Unit 6
5236 Kester Avenue, Unit 6
$3,425,000
—
9,409
9,409
$364
Description
This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having...This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California.
- Listed by Frank Ponce • DRE #00861049 • Brokerage DRE #00616212 • Coldwell Banker Realty • 310-503-4158
- Listed by Viktorie Miksatkova • DRE #02126640 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 5236 Kester Avenue, Unit 6
Parking Spaces Total
7
Total Units10.0
Lot Size SourceAssessor
Building Area Total9409
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
Parcel Number2249022020
Location
LISTING UPDATED: 05/22/2024 01:28 PM
Property Details for 5236 Kester Avenue, Unit 6
Status | Active |
---|---|
MLS # | PV24092213 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1964 |
Lot Size | 0.29 AC / 12,545 SF |
County | Los Angeles County |
Location
Building Information for 5236 Kester Avenue, Unit 6
Stories2Residences-Year Built1964Building Size-Lot Size0.29 AC / 12,545 SF
Payment Calculator
$22,357 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5236 Kester Avenue, Unit 6
Property History for 5236 Kester Avenue, Unit 6
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5236 Kester Avenue, Unit 6
Taxable ValueLand$2,122,416Additions$1,414,944Total$3,537,360
Tax Record2023$43,976 ($3,665 / month)
Home Facts
Total Finished SqFt9,409 SqFtAbove Grade Finished SqFt9,409 SqFtLot Size12,609 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR3CountyLOS ANGELESAPN2249-022-020
Schools near 5236 Kester Avenue, Unit 6
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Kester Avenue Elementary School PublicK to 5 | ||
Van Nuys Middle School Public6 to 8 | ||
Van Nuys Senior High School Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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