Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPV24209545
MLS Source
California Regional MLS
Days on Site
74
Interior Features
Appliances
Dishwasher, Garbage Disposal, Other, Oven - Gas, Oven Range - Gas
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Foundation
Concrete Perimeter, Slab, Other
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 6 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Frank Ponce
Coldwell Banker Realty
License #: 00861049
Phone: (310) 791-6017
Co-Listing Agent
Viktorie Miksatkova
License #: 02126640
Phone: (424) 301-0075
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 10 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5236 Kester Ave is a Residential Income in Sherman Oaks, CA 91411. This – square foot property sits on a 12,545 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,190,000 and was built in 1964. This address can also be written as 5236 Kester Ave, Sherman Oaks, CA 91411.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact Frank Ponce, (310) 791-6017
