5236 Kester Avenue 6, Sherman Oaks, CA 91411
  • MLS#: PV24209584 ( Multi Family )
  • Street Address: 5236 Kester Avenue 6
  • Viewed: 14
  • Price: $3,190,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 101
  • 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
Assetclass
  1. Multi-Family
Building Area Total
  1. 9409.00
Carport Spaces
  1. 6.00
Commoninterest
  1. Community Apartment
Construction Materials
  1. Asphalt
  2. Concrete
  3. Drywall Walls
  4. Glass
  5. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Current Financing
  1. Conventional
Electric
  1. 220 Volts
Electric Expense
  1. 3500.00
Fencing
  1. Wrought Iron
Heating
  1. Wall Furnace
Insurance Expense
  1. 7500.00
Land Use
  1. Multi-Family
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Community
  2. In Garage
Parcel Number
  1. 2249022020
Postalcodeplus4
  1. 4068
Property Type
  1. Multi Family
Roof
  1. Asphalt
Security Features
  1. Gated Community
Totalexpenses
  1. 68487.00
Trash Expense
  1. 3947.00
Uncovered Spaces
  1. 6.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Vacancyallowance
  1. 7687
Views
  1. 14
Water Sewer Expense
  1. 8500.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor