5660 Kester Avenue, Van Nuys (91411)
$1,800,000
0 
0
4,000
PROPERTY DETAILS
| Address: |
view address Van Nuys, CA 91411 Map Location |
Features: | Garage, Multi-level |
|---|---|---|---|
| Square Feet: | 4,000 sq.ft. | Lot Size: | 0.16 acres |
| Year Built: | 1951 | Property Type: | Apartment |
| County: | Los Angeles | List Date: | 2024-01-02 |
| Listing Number: | SR24000271 | Listed By: | Burts & Associates |
| Listing Office: | 310-308-8003 | Days on market: | 115 |
PROPERTY DESCRIPTION
5660-5662 Kester Avenue Located in Sherman Oaks is an Excellent Value-Add Opportunity for Your Investors or 1031 Tax Exchange Buyers. This Opportunity has a Substantial Upside in Rents and the Addition of (4) ADU Units. The Property is a Well-maintained 5-unit building that consists of (4) One-Bedroom Units and (1) Two-Bedroom Unit with separate entrances for each unit. This Property Includes a Detached Second Garage Structure that is Currently a 5 Car Garage with Storage that can be Converted into (4) Additional ADUs that will Increase the Monthly Income by $10,000 a month. Each Unit has (1) Garage parking space with alley access for easy ingress and egress. The Building includes a Shared Laundry room for all the Tenants. No Seismic Retrofit is Required. The Building has Copper Plumbing Throughout with New Exterior Paint and Windows. The Property is Professionally Landscaped and Maintained. The Buildings are Well Maintained and Professionally Managed.
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Exterior
| Garage Size: | 5.00 | Parking Spaces: | 5.00 |
Property and Lot Details
| Level Lot: | Yes | Lot Acres: | 0.16 |
| Lot Number: | 332.00 | Lot Sqft: | 7,159.00 |
| Natural Gas: | Yes | Public Sewer: | Yes |
| Public Water: | Yes | Transaction Type: | Sale |
| Year Built: | 1951 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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