Listed by 310-503-4158 - Frank Ponce - DRE #00861049 - Coldwell Banker Realty 310-378-5201 Listing Courtesy of: DRE #02126640
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5236 Kester Avenue Sherman Oaks, CA 91411

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Apartment Residence
Beds
Baths
9,409 Sq. Ft.
0.29 Acre Lot
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Last updated on 11/15/2024 5:33 PM

Listing Details

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. Continue reading
MLS#
PV24209545
Property Type
Apartment
Status
Year Built
1964
Square Feet
9,409 sq. ft
Lot Size
0.29
Stories
2.0
Sewer
Sewer Connected, Public Sewer
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Listed by 310-503-4158 - Frank Ponce - DRE #00861049 - Coldwell Banker Realty 310-378-5201 Listing Courtesy of: DRE #02126640
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 5:33 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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