5640 Kester Avenue, Van Nuys, CA 91411

$1,600,000
8
BD
6
BA
4,520
SqFt

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List Agent Helen Abrishami () 310-927-9226 Beverly & Company Luxury Properties; CoList () Courtesy of Selling Office: Power Brokers, Helen Abrishami - Selling Agent DRE# and Courtesy of Listing Office Beverly & Company Luxury Properties, Helen Abrishami - Agent DRE#

Sold Price
$1,600,000
List Price
$1,650,000
Closing Date
Apr 04, 2025
Status
CLOSED
MLS#
24467419
Year Built
1953
Bedrooms
8
Bathrooms
6
Living Sq. Ft
4,520
Lot Size
9,307
Days on Market
0
Property Type
Multifamily
Style
See Remarks
Stories
One Level

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.

Additional Information

Appliances
Dishwasher, Disposal
Pool Description
None
Heat
Wall Furnace
Roof
Other
Garage Spaces Total
6

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.