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$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

CLAW #24467419

Listed
$1,650,000
-9.24%
12/20/2019
CLAW

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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