$1,350,000
- Beds
- 6
- sq ft
- 3,474
5453 Kester Ave, Sherman Oaks, CA 91411
5453 Kester Ave
Sherman Oaks, CA 91411
- 2 days on market
Welcome to an exceptional investment opportunity in Sherman Oaks! This four-unit apartment building offers outstanding value for investors looking to capitalize on one of Los Angeles' most desirable neighborhoods. The property features a mix of one- and two-bedroom units, all situated in a prime location within this sought-after community.Zoned R3, the property includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, along with three generously-sized one-bedroom, one-bathroom units. Recent capital improvements ensure the building is in excellent condition, with upgrades including new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and low-maintenance artificial turf.Units 1 and 3 have undergone extensive renovations, featuring sleek laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully updated bathrooms with new tile, fixtures, and cabinetry.Building amenities include common area laundry facilities, individually metered gas and electricity, secure entry, a combination of gated and garage parking, plus additional guest parking.Located in a vibrant Sherman Oaks neighborhood, the property offers easy access to premier shopping, dining, and entertainment, as well as quick connections to the 101 and 405 Freeways. Outdoor enthusiasts will appreciate the proximity to nearby parks, including Lake Balboa Park, which will host events during the 2028 LA Olympics.With consistently strong demand for one-bedroom units, this property ensures stable rental income and long-term profitability. Its ideal location and well-maintained condition make it a rare, turn-key investment opportunity in one of LA's most dynamic and resilient real estate markets. This is the perfect opportunity for investors seeking long-term wealth preservation and reliable returns.
Details
Property type
Lot size
4,290 sq ft
Price per sq ft
$389
Year built
1961
HOA
No
Price History
01/20/2025
CLAW #25485851
Listed
$1,350,000
-3.5%
01/18/2025
CLAW #24420811
Removed
$1,399,000
07/29/2024
CLAW #24420811
Listed
$1,399,000
Schools & Community
Neighborhood:
Sherman Oaks
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 01/22/2025 at 8:00 AM
Listing updated: 01/20/2025 at 4:40 PM
Listed by: Denise Snanoudj, The Agency Phone #: (424) 230-3700
MLS: CLAW #25485851
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