5236 Kester Avenue
$3,190,000
3
18
9,409
9,409
$339
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...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.
- 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
Mid Century Modern
ViewNone
Parking Spaces Total6
Private PoolNo
Cooling TypeWall/Window
Total Units10.0
Building TypeAttached
Lot Size SourceAssessor
LISTING UPDATED: 12/16/2024 01:56 AM
Property Details for 5236 Kester Avenue
Status | Active |
---|---|
MLS # | PV24209545 |
Days on Market | 62 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
County | Los Angeles County |
Building Information for 5236 Kester Avenue
Building/Complex5236 Kester AveFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-
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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