5236 Kester Avenue, Unit 6
$3,190,000
—
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, Unit 6
Parking Spaces Total
12
Total Units10.0
Office ClassC
Lot Size SourceAssessor
Building Area Total9409
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
LISTING UPDATED: 12/17/2024 03:03 AM
Property Details for 5236 Kester Avenue, Unit 6
Status | Active |
---|---|
MLS # | PV24209584 |
Days on Market | 66 |
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 |
Building Information for 5236 Kester Avenue, Unit 6
Stories2Residences-Year Built1964Building Size-Lot Size0.29 AC / 12,545 SF
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$2,164,864Additions$1,443,242Total$3,608,106
Tax Record2024$44,835 ($3,736 / 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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