5236 Kester Avenue
5236 Kester Avenue
$3,495,000
3
18
9,409
9,409
$371
Virtual Tour
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
Architectural Style
Contemporary
ViewNone
Parking Spaces Total12
Private PoolNo
Cooling TypeCentral Forced Air, Wall/Window
Total Units10.0
Building TypeAttached
Lot Size SourceAssessor
Location
LISTING UPDATED: 04/08/2024 12:32 PM
Property Details for 5236 Kester Avenue
Status | Active |
---|---|
MLS # | PV24069336 |
Days on Market | 24 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
County | Los Angeles County |
Location
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Building Information for 5236 Kester Avenue
Building/Complex5236 Kester AveFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-
Payment Calculator
$19,074 per month
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Property Information for 5236 Kester Avenue
Property History for 5236 Kester Avenue
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.
Schools near 5236 Kester Avenue
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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