$3,425,000
For Sale

5236 Kester Avenue

Sherman Oaks, CA 91411
0.29 acres | #PV24069336
Listing OfficeColdwell Banker Realty
Browse 44 photos
Type:Multi-Family
Structure:House
Zone:Residential

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 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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, SprinklersInFront, Landscaped
      • Stories2
    • Measurements
      • Acres0.288
    • Parking
      • Parking Spaces6
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1964
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$3,495,000
  • Other
      • MLS #PV24069336

Location

Karen SellersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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