5236 Kester AV #6
Sherman Oaks, CA, 91411
$2,950,000
Beds
0 Baths
0 SqFt
0.29 Acres
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MLS #PV25148646 image #0
Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today’s renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants.
The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance.
This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort.
From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades.
Whether you’re looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes.
Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.

Property Details

Price:
$2,950,000
MLS #:
PV25148646
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
soshermanoaks
Listed Date:
May 1, 2026
Total Sq Ft:
9,409
Lot Size:
12,545 sqft / 0.29 acres (approx)
Year Built:
1964
ContemporaryCommunity GatedSo – Sherman OaksSoshermanoaks

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Schools

Interior

Appliances
DW, GD, RF, GO, GR, GS
Cooling
CA, GAS
Flooring
LAM, VINY
Heating
WL
Laundry Features
CM

Exterior

Accessibility Features
NO
Architectural Style
CNT
Common Walls
_2CW
Community Features
SDW, VLY, CRB, BIKI
Construction Materials
STC, ASP, CON
Fencing
CH, RW, WI
Garage Spaces
6
Parking Spots
6
Parking Total
6
Roof
ASP
Security Features
SD, COD, GC
Spa Features
NO

Financial

Gross Operating Income
$225,241
Maintenance Fee
$6,000
Net Operating Income
$153,839

Map

Community

Subdivisions in Sherman Oaks

Market Summary

Current real estate data for Single Family in Sherman Oaks as of May 02, 2026
525
Single Family Listed
67
Avg DOM
448
Avg $ / SqFt
$1,390,196
Avg List Price

Property Summary

    5236 Kester AV #6 Sherman Oaks CA is a Single Family for sale in Sherman Oaks, CA, 91411. It is listed for $2,950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1964. The average price per square foot for Single Family listings in Sherman Oaks is $448. The average listing price for Single Family in Sherman Oaks is $1,390,196.

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5236 Kester AV #6
Sherman Oaks, CA