5236 Kester Avenue

PRICE: $3,400,000

5236 Kester Avenue
Sherman Oaks, CA 91411

Rare opportunity for investors to purchase PRIME real estate in PRIME Sherman Oaks location. Half-Block from famous shopping and dining on Magnolia Blvd, these large townhouse units are located in one of the most desirable rental areas of Sherman Oaks. Tenants enjoy central air, hardwood floors, fireplaces and private patios. Ample on site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Building has a new roof, new copper plumbing, and new A/C units. Low maintenance with strong income, plus over 30% 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 prime Sherman Oaks location.

  • Status Sold
Frank Ponce

Realtor®

Phone: (310) 503-4158
Email: frank@frankponce.com

Features & Amenities

View additional property information below.

Interior

Laundry Room: Common Area
Flooring: Wood
Fireplace: Living Room

Exterior

Garage Space: 10
Water Source: Public
Pool: None
Lot Features: Front Yard, Lawn, Landscaped, Near Park, Street Level
Parking: Assigned, Covered
Heat Type: Central
AIR Conditioning: Central Air
Sewer: Public Sewer
HOA Amenities: Biking, Curbs, Dog Park, Gutter(s), Street Lights, Suburban, Sidewalks, Urban, Park

Area & Lot

Status: Sold
Lot Area: 0.29 Acres
MLS® ID: SB21001287
Type: MULTI_FAMILY
Year Built: 1964

Financial

Sales Price: $3,400,000

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