5640 Kester Avenue
Van Nuys, CA 91411
- – beds
- – baths
- – sqft
- 9,307 sqft lot
- 1953 build
- – on site
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Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating, copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential.
Last checked:
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Last updated Apr 8, 2025
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MLS# 24467419 —
The Building
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Year Built:1953
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New Construction:No
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Building Area Total:4520.00
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Total Number Of Units:6
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# of Buildings:1
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Architectural Style:See Remarks
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Roof:Other
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Stories Total:2
Interior
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Levels:One
Location
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Directions:North Burbank east of 405
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Latitude:34.17330900
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Longitude:-118.45706100
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:9307.0000
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Lot Size Dimensions:65x143
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Lot Size Acres:0.2137
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Lot Size SqFt:9307.00
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2244014026
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Dishwasher, Disposal
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:6.00
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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 |
---|---|---|---|---|
4/4/25
Apr 4, 2025
|
Sold | CRMLS_CA | $1,600,000 | -3.0% |
1/21/25
Jan 21, 2025
|
Sold Subject To Contingencies | CRMLS_CA | $1,650,000 | |
11/27/24
Nov 27, 2024
|
Listed / Active | CRMLS_CA | $1,650,000 | -9.2% (-1.9% / YR) |