$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 #GD24059268
Listed
$4,499,000
Schools & Community
Neighborhood:
Panorama City
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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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