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.
Property Details
Price:
$1,650,000
MLS #:
24467419
Status:
Active Under Contract
Baths:
0
Address:
5640 Kester Avenue
Type:
Residential Income
Neighborhood:
soshermanoaks
City:
Van Nuys
Listed Date:
Nov 27, 2024
State:
CA
ZIP:
91411
Lot Size:
9,307 sqft / 0.21 acres (approx)
Year Built:
1953
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Schools
Interior
Appliances
Dishwasher, Disposal
Heating
Wall Furnace
Exterior
Garage Spaces
6.00
Parking Features
Garage
Parking Spots
6.00
Pool Features
None
Roof
Other
Spa Features
None
Stories Total
2
Financial
Map
Community
- Address5640 Kester Avenue Van Nuys CA
- AreaSO – Sherman Oaks
- CityVan Nuys
- CountyLos Angeles
- Zip Code91411
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5640 Kester Avenue
Van Nuys, CA
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