5236 Kester Avenue, Sherman Oaks, CA 91411

  • $2,950,000
  • $3,190,000
5236 Kester Avenue, Sherman Oaks, CA 91411
Active
5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411
  • $2,950,000
  • $3,190,000

Description

LISTING AGREEMENT IS IN PLACE. DO NOT CONTACT SELLER. SELLER DOES NOT WANT TO BE CONTACTED BY MAIL OR BY PHONE. A GRIEVANCE WILL BE FILED IF THIS IS IGNORED. 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 central air conditioning and heating, 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.

  • Address 5236 Kester Avenue
  • City Sherman Oaks
  • State/county CA
  • Zip/Postal Code 91411
  • Country US

Details

Updated on April 4, 2025 at 3:38 pm
  • Property ID: PV24209584
  • Price: $2,950,000
  • Property Size: 9409 Sqft
  • Land Area: 0.288 Acres
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Contract,Owner May Carry
  • Roof: Asphalt
  • Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Commercial Sale
  • Community Features: Gated

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