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    5236 Kester Avenue

    Sherman Oaks, CA 91411
    • $3,500,000
    • STATUS: CONTINGENT
    • ON SITE: 213 Days
    • ID#: SB21001287
    Under Contract
    UPDATED: 57 min ago
    $3,500,000
    • 3
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rare opportunity for investors to purchase PRIME real estate in PRIME Sherman Oaks location. Half-Block from famous shopping and dining on Magnolia Blvd, these large townhouse units are located in one of the most desirable rental areas of Sherman Oaks. Tenants enjoy central air, hardwood floors, fireplaces and private patios. Ample on site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Building has a new roof, new copper plumbing, and new A/C units. Low maintenance with strong income, plus over 30% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in prime Sherman Oaks location. Rare opportunity for investors to purchase PRIME real estate in PRIME Sherman Oaks location. Half-Block from famous shopping and dining on Magnolia Blvd, these large townhouse units are located in one of the most desirable rental areas of Sherman Oaks. Tenants enjoy central air, hardwood floors, fireplaces and private patios. Ample on site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Building has a new roof, new copper plumbing, and new A/C units. Low maintenance with strong income, plus over 30% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in prime Sherman Oaks location.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    5236 Kester Avenue Sherman Oaks, CA 91411

    • Price: $3,500,000
    • Status: CONTINGENT
    • Updated: 57 min ago
    • ID#: SB21001287
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    Neighborhood:
    Van Nuys (91411)
    County:
    Los Angeles
    Area:
    Van Nuys (91411)
    Property Description
    Rare opportunity for investors to purchase PRIME real estate in PRIME Sherman Oaks location. Half-Block from famous shopping and dining on Magnolia Blvd, these large townhouse units are located in one of the most desirable rental areas of Sherman Oaks. Tenants enjoy central air, hardwood floors, fireplaces and private patios. Ample on site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Building has a new roof, new copper plumbing, and new A/C units. Low maintenance with strong income, plus over 30% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in prime Sherman Oaks location. Rare opportunity for investors to purchase PRIME real estate in PRIME Sherman Oaks location. Half-Block from famous shopping and dining on Magnolia Blvd, these large townhouse units are located in one of the most desirable rental areas of Sherman Oaks. Tenants enjoy central air, hardwood floors, fireplaces and private patios. Ample on site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Building has a new roof, new copper plumbing, and new A/C units. Low maintenance with strong income, plus over 30% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in prime Sherman Oaks location.
    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Steven G. Fraioli & Associates
    13176 Midbluff Ave
    San Diego CA, 92128