5640 Kester AVE new Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91411
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $365
MLS Listing ID 24467419
Bedrooms 8
HOA Y/N No
Year Built 1953
Lot Size 9,308 Sqft
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.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher,Disposal
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
View Y/N Yes
Roof Type Other
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2244014026
Special Listing Condition Standard