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5236 Kester Avenue 6, Sherman Oaks, CA 91411
Priced at Only: $3,425,000
For more Information Call Mobile: 714.478.6676
Address: 5236 Kester Avenue 6, Sherman Oaks, CA 91411
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  • MLS#: PV24092213 ( Multi Family )
  • Street Address: 5236 Kester Avenue 6
  • Viewed: 8
  • Price: $3,425,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 235
  • Additional Information
  • County: LOS ANGELES
  • City: Sherman Oaks
  • Zipcode: 91411
  • Provided by: Coldwell Banker Realty
  • Contact: Frank Frank
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 propertys 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. Dont miss out on this chance to invest in a thriving area with strong income potential.
Features
Accountingtype
  1. Actual
Assetclass
  1. Multi-Family
Building Area Total
  1. 9409.00
Building Features
  1. Phone System
Commoninterest
  1. None
Construction Materials
  1. Asphalt
  2. Block
  3. Concrete
  4. Drywall Walls
  5. Glass
  6. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Current Financing
  1. Conventional
Current Use
  1. Multi-Family
Electric
  1. 220 Volts
Electric Expense
  1. 4000.00
Expense Year
  1. 2024
Fencing
  1. Chain Link
  2. Wood
  3. Wrought Iron
Heating
  1. Wall Furnace
Insurance Expense
  1. 7500.00
Land Use
  1. Multi-Family
Laundry Features
  1. In Garage
Laundry Income
  1. 696.00
Netoperatingincome
  1. 143461.00
Otherexpense
  1. 1200.00
Parcel Number
  1. 2249022020
Postalcodeplus4
  1. 4068
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Multi Family
Roof
  1. Asphalt
Totalexpenses
  1. 68487.00
Trash Expense
  1. 3947.00
Uncovered Spaces
  1. 7.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Vacancyallowance
  1. 7687
Water Sewer Expense
  1. 8000.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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