5236 Kester Avenue #6, Sherman Oaks, CA 91411
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Listed Price :
$3,495,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1964
Property Description
This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
5236 Kester Avenue #6 |
| City |
Sherman Oaks |
| State |
CA |
| Zip |
91411 |
| County |
Los Angeles |
| Listing Agent |
Frank Ponce DRE #00861049 |
| Co-Listing Agent |
Viktorie Miksatkova DRE #02126640 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$3,495,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Multi Family |
| Structure Size |
N/A |
| Lot Size |
N/A |
| Year Built |
1964 |
Listing information courtesy of: Frank Ponce, Viktorie Miksatkova, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of May 9th, 2024 at 5:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
