5236 Kester Avenue
Sherman Oaks, CA 91411
- – beds
- – baths
- – sqft
- 12,545 sqft lot
- 1964 build
- – on site
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.
Listed By CRMLS_CA / Frank Ponce / Coldwell Banker Realty / 310-503-4158
Last checked:
Checking…
•
Last updated Oct 18, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# PV24209545 —
The Building
-
Year Built:1964
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Asphalt, Block, Concrete, Plaster, Stucco
-
Architectural Style:Mid Century Modern
-
Roof:Asphalt
-
Entry Level:1
-
Foundation:Concrete Perimeter, Seismic Tie Down, Slab
-
Accessibility Features:None
-
Common Walls:2+ Common Walls
-
Building Area Total:9409.00
-
Building Area Units:Square Feet
-
# of Buildings:1
-
Total Number Of Units:10
-
Stories Total:2
-
# of Separate Gas Meters:10
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:10
Interior
-
Levels:Two
-
Entry Location:1
-
Flooring:Laminate, Vinyl
-
Room Type:All Bedrooms Down, Kitchen, Living Room
-
Fireplace:Yes
-
Fireplace:Family Room, Gas
-
Laundry:Community, In Garage
-
Laundry:1
Financial & Terms
-
Disclosures:Rent Control
Location
-
Directions:Coming off 405 North to Burbank Bl to Kester Avenue
-
Latitude:34.16590900
-
Longitude:-118.45699500
The Property
-
Property Type:Residential Income
-
Subtype:Apartment
-
Property Condition:Turnkey
-
Zoning:LAR3
-
Lot Features:0-1 Unit/Acre, Landscaped
-
Lot Size Area:12545.0000
-
Lot Size Acres:0.2880
-
Lot Size SqFt:12545.00
-
Lot Size Source:Assessor
-
View:None
-
Fencing:Wrought Iron
-
Fence:Yes
-
Security Features:Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
-
Road Surface Type:Paved
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:1288.02
-
Tax Tract:1000
-
Tax Lot:374
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:2249022020
Heating & Cooling
-
Heating:1
-
Heating:Wall Furnace
-
Cooling:Yes
-
Cooling:Wall/Window Unit(s)
Utilities
-
Utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
-
Sewer:Public Sewer
-
Electric:220 Volts
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
-
Included:Yes
The Community
-
Senior Community:No
-
Features:Biking, Park, Sidewalks, Street Lights, Urban, Valley
-
Pool:None
-
Private Pool:No
-
Spa Features:None
-
Association:No
-
Assessments:No
-
Assessments:None
Parking
-
Parking:Yes
-
Parking:Assigned
-
Parking Spaces:6.00
-
Garage Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/9/24
Oct 9, 2024
|
Listed / Active | CRMLS_CA | $3,425,000 | 0.7% (0.2% / YR) |
5/21/24
May 21, 2024
|
Price Changed | CRMLS_CA | ||
4/8/24
Apr 8, 2024
|
Listed / Active | CRMLS_CA |