FOR SALE0.29 ACRES
Listed by Frank Ponce, Coldwell Banker Realty, (310) 378-5201
5236 Kester Ave
Van Nuys, CA 91411
Sherman Oaks- 18 Beds
- 18 Baths
- 9,409 sqft (on 0.29 acres)
- 18 Beds
- 18 Baths
- 9,409 sqft (on 0.29 acres)
18 Beds
18 Baths
9,409 sqft
(on 0.29 acres)
Local Information
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Commute Destination
Description
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$371
Listed
20 days ago
Home Details for 5236 Kester Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 18Number of Bathrooms: 18 |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas CooktopDishwasherDisposalLaundry: Community,In Garage |
Heating & Cooling Heating: Fireplace(s),Wall FurnaceHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Fireplace S |
Fireplace & Spa Fireplace: Living RoomSpa: NoneHas a FireplaceNo Spa |
Gas & Electric Electric: Electricity - On PropertyHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Laminate, VinylCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: FrontAccessibility: ParkingFloors: Laminate, Vinyl |
View No ViewView: None |
Security Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s) |
Exterior Features |
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Exterior Home Features Roof: AsphaltFencing: Chain Link, Wood, Wrought Iron, FencedFoundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 6Number of Covered Spaces: 6Open Parking Spaces: 6No CarportHas a GarageParking Spaces: 12Parking: Assigned |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 20 |
Property Information |
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Year Built Year Built: 1964 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Contemporary |
Building Construction Materials: Asphalt, Block, Concrete, Drywall Walls, Glass, StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Repairs CosmeticParcel Number: 2249022020 |
Price & Status |
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Price List Price: $3,495,000Price Per Sqft: $371 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Sherman Oaks |
Agent Information |
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Listing Agent Listing ID: PV24069336 |
Building |
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Building Area Building Area: 9409 Square Feet |
Community |
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Community Features: Biking, Curbs, Foothills, Sidewalks, Street Lights, ValleyNot Senior Community |
HOA |
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Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 0.29 acres |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Cable TV, Electricity, Gas, Insurance, Telephone |
Rental |
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Has Rent Control |
Miscellaneous |
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Mls Number: PV24069336Attribution Contact: 310-503-4158 |
Additional Information |
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BikingCurbsFoothillsSidewalksStreet LightsValley |
Last check for updates: about 5 hours ago
Listing Provided by: Frank Ponce DRE #00861049, (310) 503-4158
Coldwell Banker Realty
Viktorie Miksatkova DRE #02126640, (424) 301-0075
Coldwell Banker Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PV24069336
Price History for 5236 Kester Ave
Date | Price | Event | Source |
---|---|---|---|
04/08/2024 | $3,495,000 | Listed For Sale | CRMLS #PV24069336 |
09/07/2023 | $3,599,000 | ListingRemoved | CRMLS #PV23038507 |
04/15/2023 | $3,599,000 | PriceChange | CRMLS #PV23038507 |
03/08/2023 | $3,699,000 | Listed For Sale | CRMLS #PV23038507 |
03/19/2021 | ListingRemoved | CRMLS #SB21001287 | |
01/15/2021 | ListingRemoved | CRMLS | |
01/04/2021 | $3,500,000 | Listed For Sale | Agent Provided |
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Comparable Sales for 5236 Kester Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.65 | Multi-Family Home | $4,995,000 | 10/16/23 | 25 | 21 | 13,560 | |
0.64 | Multi-Family Home | $3,600,000 | 06/28/23 | 16 | 16 | 8,611 | |
1.02 | Multi-Family Home | $2,855,000 | 02/14/24 | 13 | 12 | 6,799 | |
0.49 | Multi-Family Home | $1,325,000 | 05/26/23 | 6 | 6 | 3,302 | |
1.21 | Multi-Family Home | $6,315,000 | 09/15/23 | 26 | 26 | 15,600 | |
1.52 | Multi-Family Home | $3,700,000 | 11/30/23 | 17 | 17 | 7,788 | |
1.25 | Multi-Family Home | $4,975,000 | 09/29/23 | 28 | 32 | 15,188 | |
1.00 | Multi-Family Home | $1,335,000 | 08/10/23 | 12 | 8 | 4,590 | |
0.29 | Multi-Family Home | $1,039,000 | 08/25/23 | 4 | 2 | 2,009 | |
1.54 | Multi-Family Home | $3,800,000 | 10/02/23 | 26 | 22 | 12,792 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Sherman Oaks
- Trulia User
- Resident
- 1mo ago
"I mostly commute by car or bicycle. There are glstretts with sidewalks and many trees, quite area to walk with dogs. Also, Lake Balboa and VNSO within 10min drive. I like Sherman Oaks "
- M9dwwn7679
- Resident
- 2mo ago
"Lots of dog walkers about, active community, especially in the mornings and evenings. Some small dog parks are around. "
- Logan Martin
- Resident
- 2mo ago
"Daily driver, apartment complex gated. Double gates. Left right left right straight for a while then over the hill. "
- Pavel Balykin
- Resident
- 3mo ago
"In my experience, living in the area everything south of Oxnard Blvd is relatively safe and in some areas Burbank Blvd."
- Olivia Solomon
- Resident
- 3mo ago
"a lot of people don't pick up after their dogs. so, you have to watch where you step or else you'll step in poop"
- Rickkontos
- Visitor
- 3mo ago
"Too many hills Long steep main road Busy at night Difficult drive Long commute Mountain Road and steep cliff like roads "
- Tiera
- Resident
- 4mo ago
"Nice parks, but some neighborhoods don’t have sidewalks, so taking kids for a walk can be difficult "
- Trulia User
- Visitor
- 6mo ago
"Lots of quiet residential streets, feels safe. Tons of people out walking their dogs, all the streets are well maintained. "
- Trulia User
- Resident
- 11mo ago
"It’s in the heart of Historic Auto Row. Homeowners seem to take pride in their yards and homes. You can go right around the corner and buy weed at the fancy new dispensary."
- Trulia User
- Resident
- 1y ago
"The community is becoming a little bit more diverse. The elementary schools in this community are really good. The PTA does a great job fundraising money so the schools have a lot of programs. I would be mindful of the middle & high schools though. "
- Trulia User
- Resident
- 1y ago
"They’ll like the sidewalks but people don’t pick up after their dogs. There’s a lot of places to walk too. Community is friendly. "
- Trulia User
- Resident
- 1y ago
"Love the ShOaks! Has that ideal combination of feeling suburban with the convenience of still being in the greater city area. "
- Trulia User
- Resident
- 2y ago
"busy but not too bad. you can get around freely if you know the best route. the freeways (101 and 405) are two of the worst..however, the side streets and major streets are plentiful."
- Trulia User
- Resident
- 2y ago
"the neighborhood actually makes you feel that you are in Burbank area. i feel very safe to walk the neighborhood."
- Trulia User
- Resident
- 2y ago
"Very neighborly area with lots of good amenities around. Including many good restaurants and super markets. "
- Trulia User
- Prev. Resident
- 2y ago
"it's nice and the houses are well kept. the neighbors are friendly. close to stores. beautiful neighborhood. "
- Trulia User
- Resident
- 2y ago
"It’s a dog friendly neighborhood Most neighbors are friendly. Nice beauty supply, Starbucks near. No police :( when theft occurs. "
- Trulia User
- Resident
- 2y ago
"I drive, but this neighborhood is also very walkable and it’s easy to find anything like nail salons, grocery stores, book stores, frozen yogurt shops or even clothing boutiques in this area down Ventura Blvd. It’s friendly, clean, safe and very beautiful! "
- Trulia User
- Resident
- 2y ago
"This is a great neighborhood for families. Lots of quiet streets, great for walking, pretty quiet at night."
- Trulia User
- Prev. Resident
- 2y ago
"Keep kids off the streets since there are a lot of cars and traffic during the day especially. Make sure they are safe and close to home for the most part. Also the local Whole Foods just renovated and it looks awesome. "
- Trulia User
- Resident
- 2y ago
"There are many good public/ charter/ private schools very close by. The neighborhood feels very safe. It's a great place to raise a family. "
- Trulia User
- Resident
- 2y ago
"A lot of families have dogs in the neighborhood so there are always people out walking them in the morning and evening. Unfortunately not everyone curbs their dogs."
- Trulia User
- Resident
- 2y ago
"Neighborhood is great. Very friendly neighbors, variety of cuisine nearby, and overall feeling of safety is always felt. Of course it is LA so you do get your fair share of random passerby’s but comes with the territory. Definitely recommended for families."
- Trulia User
- Resident
- 2y ago
"There’s not many sidewalks to walk on. You’ll notice that some people don’t pick up after there pet. "
- Nikki A.
- Resident
- 3y ago
"I've lived here for 7 years. It's incredibly convenient with 3 grocery stores in walking distance, multiple restaurants, few minutes to freeway access. The dog walkers get to know your dog by name, but not yours :) I feel safe walking alone 24/7, street parking can be a hassle from restaurant employees and visitors."
- Ryan B.
- Resident
- 3y ago
"We have plenty. Many Halloween events and trick or treaters, an annual street fair, block parties, and neighborhood events. "
- Maryam .
- Resident
- 3y ago
"The beautiful streets and homes! The variety of restaurants and bars! Good schools are around and it’s quiet!"
- Mbm.morse
- Resident
- 3y ago
"The park on Hazeltine Ave is pretty active, people are always there enjoying it. They street fair once a year on Ventura blvd is a lot of fun as well. "
- Chase W.
- Resident
- 3y ago
"Good for groceries, restaurants, and bars. Far from the beach but close to all major freeways. Very clean!"
- Sabrina M.
- Resident
- 3y ago
"Has good public transportation and really close to 101 freeways. Although Ventura Blvd and 101 freeway is quite packed during rush hours. "
- Lily W.
- Resident
- 3y ago
"I would say the peace and the respect in the flat neighborhoods. Although my family lives on a hill which is not the safest to walk around because of the steepness and risk of cars, whenever we drive down to the flat neighborhoods it is so beautiful, breezy, and welcoming down there."
- Gloria M.
- Resident
- 3y ago
"It’s nice quiet and close to everything best part is you can chose to drive highway or canyons beautiful drive convenient to shopping malls and Ventura Blvd with restaurants and boutiques "
- Jonathan L.
- Resident
- 3y ago
"I like this neighborhood so much I keep getting homes here I'm in my 2nd and Tuesday I will be moving to my third. Hopefully this time will be a different experience because I'm single now and haven't been for 8 years. "
- Lisa C.
- Resident
- 4y ago
"Long -to Malibu 3x weeks 5–10 to studio city the other days Traffics horrible now always no matter time of day "
- Lanaking67
- Resident
- 4y ago
"Local coffee shop where “everybody knows your name” Lovely and peaceful environment that’s great for families "
- Jessica R. .
- Prev. Resident
- 4y ago
"Close to everything. Nice area especially in the hills. Great restaurants and local Bars. Nice weather always"
- Jerry
- Resident
- 4y ago
"Car nights on Van Nuys Blvd. There are dozens of custom rods and motorcycles, and lots of people all up and down the street, all very considerate."
- Heidi K.
- Resident
- 4y ago
"It’s a great place to live. There’s a lot going on at the park. There’s something for everyone. It’s also a very dog friendly neighborhood. "
- Blanca V.
- Resident
- 4y ago
"There aren’t a lot of community events here in this area. There are definitely a lot of restaurants and bars but many of the events would be more in downtown Los Angeles. "
- Bonnie N.
- Resident
- 4y ago
"The annual Sherman Oaks street fair that takes over a long stretch of Ventura Blvd. Great food and community building."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frank Ponce, Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5236 Kester Ave, Van Nuys, CA 91411 is a 18 bedroom, 18 bathroom, 9,409 sqft multi-family built in 1964. 5236 Kester Ave is located in Sherman Oaks, Van Nuys. This property is currently available for sale and was listed by CRMLS on Apr 8, 2024. The MLS # for this home is MLS# PV24069336.