$1,650,000
- Beds
- 8
- sq ft
- 4,520
5640 Kester Ave, Van Nuys, CA 91411
5640 Kester Ave
Van Nuys, CA 91411
- 36 days on market
Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating, copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential.
Details
Property type
Lot size
9,307 sq ft
Price per sq ft
$366
Year built
1953
HOA
No
Price History
11/27/2024
CLAW #24467419
Listed
$1,650,000
-9.24%
12/20/2019
CLAW #19522024
Sold
$1,818,000
Schools & Community
Neighborhood:
Sherman Oaks
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 01/02/2025 at 11:45 PM
Listing updated: 12/05/2024 at 5:25 AM
Listed by: Helen Abrishami, Power Brokers Phone #: (424) 738-5900
MLS: CLAW #24467419
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