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$4,499,000

Beds
Unknown
sq ft
18,255

8710 Kester Ave, Panorama City, CA 91402

8710 Kester Ave

Panorama City, CA 91402

  • 102 days on market
An amazing investment opportunity with significant upside potential, 8710 Kester in Panorama City is within a half mile of the Primestor-planned Panorama City Center, whose approx. 5 million square feet “redevelopment project brings a dynamic mixed-use environment including shopping, sit-down restaurants, health and wellness services, event gathering destinations, a range of housing options, and remote working areas.” Kester will be equally close to the planned East San Fernando Valley Light Rail Line, with a planned Metro stop at the City Center. With a diversified mix of two – 3/3 and eight – 2/3 unique townhome-style, plus three – 2/2, and two – 1/1 single level apartments, these well-maintained 15 units built in 1962 offer exceptional roominess (averaging 1217sf per unit) over 18,255sf GLA on a 21,622sf lot. Boasting 15 covered parking spots, newer roof, central AC and all-copper plumbing, these fully-occupied, all-electric units sit in the heart of this local redevelopment boom, with hundreds of apartments recently built (Panorama Tower) or slated for development … along with another nearby proposed mixed use “Icon at Panorama” project (adjacent to the Panorama City Center). whose almost-600,000sf residential/retail combination will make 8710 Kester a highly-coveted SF Valley address for decades to come!

Details

Property type

Apartment

Lot size

0.4972 acres

Price per sq ft

$247

Year built

1962

Price History

03/26/2024
CRMLS

CRMLS #GD24059268

Listed
$4,499,000

Schools & Community

Neighborhood: 

Panorama City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 07/05/2024 at 8:20 PM

Listing updated: 03/26/2024 at 10:30 AM

Listed by: Steven Gutierrez-Kovner, JohnHart Real Estate Phone #: (818) 246-1099

MLS: CRMLS #GD24059268

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