5640 Kester Avenue

Van Nuys, CA 91411

$1,650,000

List Price

8

bed Beds

6

shower Baths

4,520 sqft

straighten / sqft

1953

calendar_month Built

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.

Listing Information

List Price $1,650,000
Status Active
MLS 24467419
Type Residential Income
Year Built 1953
Lot Size 9,307
Structure Size 4,520
Courtesy Of Power Brokers
Listing Agent Helen Abrishami DRE#01298442

Interior Features

Total Bedroom
Bedrooms 8
Bathroom Information
Features Tub Shower
Total Bathroom
Bathrooms 6

Exterior Information

Maps

Listing information courtesy of: Helen Abrishami, Power Brokers 310-927-9226. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 27th, 2024 at 11:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.