5236 Kester Avenue

Sherman Oaks, CA 91411

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,409 Sqft
  • 12545
    Sqft(Lot)
$3,190,000

Description

Discover an extraordinary investment opportunity in the heart of sherman oaks! this 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on magnolia boulevard, offers a blend of luxury and convenience. with spacious, townhouse-style units provide a comfortable living experience for tenants. this desirable rental area is located in one of sherman oaks’ most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. the property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the property’s value. on-site tuck-under parking and shared laundry facilities add convenience and gated property. a true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. investment potential: with over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. don’t miss out on this chance to invest in a thriving area with strong income potential.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Mid-Century Modern

  • AD ID

    47135585

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asphalt
    • Interior Features: All Bedrooms Down
    • Property Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Refrigerator
    • Fireplace: Family Room,Gas
    • Flooring: Laminate,Vinyl

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: Family Room,Gas
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1964
    • Building Area Total: 9,409
    • Construction: Asphalt,Block,Concrete,Plaster,Stucco
    • Roof: Asphalt

    Foundation

    • Concrete Perimeter,Slab,Tie Down

    Security Features

    • Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area,In Garage

    Fencing

    • Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.288
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12545

  • Listing Price Information

    • Original List Price: 3,190,000
    • Listing Contract Date: 2024-10-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2249022020

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SO - Sherman Oaks
    • Postal Code Plus 4: 4068
    • Directions: Coming off 405 North to Burbank Bl to Kester Avenue
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: SO - Sherman Oaks
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 61
    • Common Walls: 2+ Common Walls
    • Property Condition: Turnkey
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/08/2025 @ 04:20

  • MLS: PV24209545
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,409 sqft, 12,545 sized lot, and 6 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91411, this Los Angeles County Home are nearby neighborhoods.