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5236 Kester Avenue

PRICE: $3,425,000

5236 Kester Avenue
Sherman Oaks, CA 91411

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.

  • Living Area 9,409 Sq.Ft.
  • Status For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 5236 Kester Avenue, Sherman Oaks, CA 91411. We are reviewing your request and will be in touch shortly!
Frank Ponce

Realtor®

Phone: (310) 503-4158
Email: [email protected]

Features & Amenities

View additional property information below.

Interior

Laundry Room: Common Area, In Garage
Flooring: Laminate, Vinyl
Fireplace: Living Room
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range

Exterior

Stories: 2
Garage Space: 6.0
Water Source: Public
Utilites: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Pool: None
Roof: Asphalt
Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Landscaped
Parking: Assigned
Heat Type: Fireplace(s), Wall Furnace
AIR Conditioning: Central Air, Wall/Window Unit(s)
Sewer: Public Sewer
Substructure: Slab
Disability Features: Parking
Security Features: Carbon Monoxide Detector(s), Fire Detection System, Gated Community, Smoke Detector(s)

Area & Lot

Status: For Sale
Living Area: 9,409 Sq.Ft.
Lot Area: 0.29 Acres
MLS® ID: PV24069336
Type: Condo
Year Built: 1964
Architecture Styles: Contemporary
View Description: None

Financial

Sales Price: $3,425,000
Maintenance Fee: $1,900/mo
Zoning: LAR3

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