5236 Kester Avenue, Sherman Oaks, CA 91411
  • MLS#: PV24209545 ( Apartment )
  • Street Address: 5236 Kester Avenue
  • Viewed: 1
  • Price: $3,425,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 38
  • Additional Information
  • County: LOS ANGELES
  • City: Sherman Oaks
  • Zipcode: 91411
  • Provided by: Coldwell Banker Realty
  • Contact: Frank Frank
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 propertys 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. Dont miss out on this chance to invest in a thriving area with strong income potential.
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Features
Accessibility Features
  1. None
Appliances
  1. Dishwasher
  2. Disposal
  3. Gas Oven
  4. Gas Range
  5. Gas Cooktop
  6. Refrigerator
Architectural Style
  1. Mid Century Modern
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 9409.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Asphalt
  2. Block
  3. Concrete
  4. Plaster
  5. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 185
Electric
  1. 220 Volts
Electric Expense
  1. 3500.00
Fencing
  1. Wrought Iron
Fireplace Features
  1. Family Room
  2. Gas
Flooring
  1. Laminate
  2. Vinyl
Foundation Details
  1. Concrete Perimeter
  2. Seismic Tie Down
  3. Slab
Garage Spaces
  1. 6.00
Gardner Expense
  1. 1200.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 7500.00
Laundry Features
  1. Community
  2. In Garage
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
  2. Landscaped
Netoperatingincome
  1. 143461.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Parcel Number
  1. 2249022020
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 4068
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Property Condition
  1. Turnkey
Road Surface Type
  1. Paved
Roof
  1. Asphalt
Security Features
  1. Carbon Monoxide Detector(s)
  2. Gated Community
  3. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424842616:CRM
Spa Features
  1. None
Tenant Pays
  1. Electricity
  2. Gas
Totalactualrent
  1. 18245.00
Totalexpenses
  1. 68487.00
Trash Expense
  1. 3947.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
View
  1. None
Water Sewer Expense
  1. 8500.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor
Zoning
  1. LAR3