6640 Kester Avenue
Van Nuys, CA 91405
0.25 acres | #SR24156369
Description
We proudly present 6640 Kester Ave in Van Nuys, CA, a corner lot in the heart of Van Nuys, centrally located and close to retail, government offices, schools, and businesses. This property is sold together with 6638 Kester, which have been joined in a lot tie for development purposes. The property is shovel ready and RTI (Ready-To-Issue) permits will be provided at close. The plans for this development feature 12 state of the art apartments, designed for easy condo conversion. Residential units total 21,512 square feet, and consist of 9 3-bedroom + 3-bathroom units, and 3 2-bedroom + 2-bathroom units, with an average unit size of 1,330 square feet. On grade parking garage is 4,320 square feet, and features 19 parking spaces. Additionally, there is a 550 square foot recreation room with a bathroom, opening out to the outdoor common open space at the rear yard. This property is attractive for investors and developers eager to take advantage of this area’s high demand for housing and ongoing development initiatives, with potential strong and stable returns. Metro’s projected plans for the construction of new rail lines connecting multiple parts of the City, makes this a desirable hub for renters or buyers alike.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- ViewCityLights
Measurements
- Acres0.2548
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,299,000
Other
- MLS #SR24156369
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ani Acevedo (#SR207060241)
Listing Office: Lincoln Estates Inc. (#SR0133500)
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.
