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5236 Kester Avenue

5236 Kester Avenue Sherman Oaks, CA 91411

Multi-Family Home MLS #: PV24069336 Courtesy Of Coldwell Banker Palos Verdes-Beach Cities

$3,495,000

9,409 sq ft
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Estimated monthly payments: $15,278/mo.* (recalculate)
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Property InformationDescription

This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% 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 Sherman Oaks California.

Features

  • Cooling: Central A/C
  • Lot Size: 0.29 Acres
  • Sewer: Public
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

MAP & DIRECTIONS

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5236 Kester Avenue, Sherman Oaks, CA 91411
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School Information

5236 Kester Avenue, Sherman Oaks, CA 91411

Elementary School
Grades PK-5 | Public School
KESTER ELEMENTARY / MAGNET
Sherman Oaks, CA 91411
5353 Kester Ave
818.­787.6751
Distance: 0.2 mi
School Rating
B+
Student:Teacher Ratio
24:1
Total Students
946
Middle School
Grades 6-8 | Public School
VAN NUYS MIDDLE SCHOOL
Sherman Oaks, CA 91411
5435 Vesper Ave
818.­267.5900
Distance: 0.4 mi
School Rating
C+
Student:Teacher Ratio
23:1
Total Students
946
High School
Grades 9-12 | Public School
VAN NUYS SENIOR HIGH SCHOOL
Van Nuys, CA 91411
6535 Cedros Ave
818.­778.6800
Distance: 1.7 mi
School Rating
B+
Student:Teacher Ratio
22:1
Total Students
2582
Other Nearby Schools Distance Type Grades School Rating
Abc Little School-sherman Oaks 0.4 mi Private PK-TKG
High Tech La Middle School 0.4 mi Public 6-8 C+
Emek Hebrew Academy Teichman Family Torah Center 0.7 mi Private PK-8
Ivy Bound Academy Of Math Science And Tech Charter Middle School 0.7 mi Public 5-8 D
Hesby Oaks Leadership Charter 1.0 mi Public KG-8 B+
Chandler Learning Academy 1.1 mi Public KG-5 B+
Sherman Oaks Elementary Charter 1.1 mi Public KG-5 B+
Sylvan Park Elementary 1.2 mi Public KG-5 D
St Cyril Of Jerusalem School 1.2 mi Private PK-8
Childrens Community School 1.3 mi Private KG-6
Valley Beth Shalom Day School 1.3 mi Private KG-6
Will Rogers Continuation 1.5 mi Public 9-12 D-
Van Nuys Elementary School 1.7 mi Public KG-5 C+
Millikan Middle School 1.7 mi Public 6-8 C
Ararat Charter 1.8 mi Public KG-5 C
St Elisabeth School 1.8 mi Private PK-8
Columbus Avenue Elementary School 1.9 mi Public KG-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Van Nuys, CA 91411

Median Age: 36.3
Married: 40%
Number of Households: 9,435
Households with Children: 26.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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