5236 KESTER AVE Sherman Oaks, CA 91411

$3,500,000

Pending
1 of 31

Bedrooms

Total Baths

Full Baths

9,409

Square Feet

0.29

Acres

1964

Year Built

27 days

On Website

Active Under Contract

Status

Rare opportunity for investors to purchase PRIME real estate in PRIME Sherman Oaks location. Half-Block from famous shopping and dining on Magnolia Blvd, these large townhouse units are located in one of the most desirable rental areas of Sherman Oaks. Tenants enjoy central air, hardwood floors, fireplaces and private patios. Ample on site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Building has a new roof, new copper plumbing, and new A/C units. Low maintenance with strong income, plus over 30% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in prime Sherman Oaks location.

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Details


Interior
Flooring
Wood
Living Area
9,409 SqFt.

Building And Construction
Number Of Units Total
10
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1964

Exterior And Lot
Lot Size Acres
0.2894
Lot Size Square Feet
12608
Lot Size Units
Square Feet
Parking Total
10

Utilities
Cooling
Central Air
Heating
Central

Area And Schools
City
Sherman Oaks
County Or Parish
Los Angeles

Listing By Lyon Stahl Investment Real Estate, Inc. – Olga Wright

MLS# SB21001287

Data Last Updated 2 days ago

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

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