5236 Kester Avenue # 6, Sherman Oaks
Sherman Oaks Home For Sale
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.
Property Details
Additional Information
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- City:
- Sherman Oaks
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- County:
- Los Angeles
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- Zip:
- 91411
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- MLS® #:
- PV24092213
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- Lot Size:
- 0.29
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- HOA Dues:
- $
Price Change History for 5236 Kester Avenue # 6, Sherman Oaks, (MLS® #PV24092213)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $3,495,000) | $3,425,000 | $70,000 (2.00%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 4th, 2024 at 8:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.