5640 Kester Ave Active Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91411
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $365
MLS Listing ID 24-467419
Style Other
Bedrooms 8
Year Built 1953
Lot Size 9,307 Sqft
Acres 0.2137
Property Description
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.
Location
State CA
County Los Angeles
Area Sherman Oaks
Zoning LARD1.5
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Other
Flooring Mixed
Equipment Garbage Disposal, Other, Range/Oven, Dishwasher
Exterior
Parking Features Garage
Garage Spaces 6.0
Pool None
View Y/N Yes
View Other
Roof Type Other
Building
Story 2
Architectural Style Other
Level or Stories One
Others
Special Listing Condition Standard