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$3,425,000
48 Days On Site

5236 Kester Avenue
Sherman Oaks, CA 91411

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
9,409
SqFt
$364
/SqFt
1964
Built
County:
Los Angeles
Listed by Frank Ponce of Coldwell Banker Realty [email protected]

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951-506-5744
5236 Kester Avenue5236 Kester Avenue5236 Kester Avenue5236 Kester Avenue
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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 comfortable 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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Listing Snapshot
Price 
$3,425,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,409 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.288 Acres
Year Built 
1964
MLS® Number 
PV24209545
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.288
Disclosures 
Rent Control
Foundation 
Concrete PerimeterSlab
Garage 
Yes
Garage Spaces 
6
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
6
Property Sub Type 
Apartment
Security 
Carbon Monoxide Detector(s)Gated CommunitySmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
9409
Stories 
Two
Style 
Mid-Century Modern
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LAR3
Interior Features
Appliances 
DishwasherGas CooktopDisposalGas OvenGas RangeRefrigerator
Cooling 
Wall/Window Unit(s)
Electric 
220 Volts
Fireplace 
Yes
Fireplace Features 
Family RoomGas
Flooring 
LaminateVinyl
Heating 
Wall Furnace
Laundry Features 
Common AreaIn Garage
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Exterior Features
Construction Details 
AsphaltBlockConcretePlasterStucco
Fencing 
Wrought Iron
Lot Features 
Landscaped
Pool Features 
None
Roof 
Asphalt
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
GatedParkStreet LightsSidewalks
Financing Terms Available 
ConventionalContractOwner May Carry
MLS Area 
SO - Sherman Oaks
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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ADDRESS

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Address:

EXP REALTY OF SOUTHERN CALIFORNIA, INC. CA DRE#02187306

10620 Treena St, Ste 230
San Diego, CA 92131

Tom Olsewski – DRE#01442461