$3,190,000
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5236 Kester Avenue Unit 6 Sherman Oaks, CA 91411
Other
Residence
Beds
Baths
9,409
Sq. Ft.
0.29
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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 comforta...ble 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.
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MLS#
PV24209584
Property Type
Other
Status
Year Built
1964
Square Feet
9,409
sq. ft
Lot Size
0.29
Sewer
Sewer Connected
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