5640 Kester Avenue
Van Nuys, CA 91411
4520 sqft | 8 beds | 0.21 acres | #24467419
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,650,000
- MLS #24467419
- MLS #24467419
- Cost1650000
- Acres0.2137
- Square Feet4520
- Year Built1953
- Bedrooms8
- Stories2
- Parking Spaces6
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Helen Abrishami (#CLW-X48429)
Listing Office: Power Brokers (#CLW-X75379)
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