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$3,425,000
46 Days On Site

5236 Kester Avenue 6
Sherman Oaks, CA 91411

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
9,409
SqFt
$364
/SqFt
1964
Built
County:
Los Angeles
Listed by Frank Ponce of Coldwell Banker Realty frank@frankponce.com

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5236 Kester Avenue 65236 Kester Avenue 65236 Kester Avenue 65236 Kester Avenue 6
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Discover an extraordinary investment opportunity in the heart of Sherman Oaks! This 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on Magnolia Boulevard, offers a blend of luxury and convenience. With spacious, townhouse-style units provide a comfortable living experience for tenants. This desirable rental area is located in one of Sherman Oaks’ most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. Offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. The property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the property’s value. On-site tuck-under parking and shared laundry facilities add convenience and gated property. A true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. Investment potential: With over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. Don’t miss out on this chance to invest in a thriving area with strong income potential.

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Listing Snapshot
Price 
$3,425,000
Days On Site 
46 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,409 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.288 Acres
Year Built 
1964
MLS® Number 
PV24209584
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.288
Carport 
6
Number Of Stories 
2
Parking Spaces 
12
Property Sub Type 
Multi Family
Security 
Gated Community
Special Circumstances 
Standard
SqFt Total 
9409
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Wall/Window Unit(s)
Electric 
220 Volts
Heating 
Wall Furnace
Laundry Features 
Common AreaIn Garage
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Exterior Features
Construction Details 
AsphaltGlassConcreteStucco
Fencing 
Wrought Iron
Lot Features 
Sprinklers In FrontLandscaped
Roof 
Asphalt
Community Features
Community Features 
Gated
Financing Terms Available 
ContractOwner May Carry
MLS Area 
SO - Sherman Oaks


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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