Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    5236 Kester Avenue, Sherman Oaks, CA 91411
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    5236 Kester Avenue
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    • MLS#: PV24209545 ( Apartment )
    • Street Address: 5236 Kester Avenue
    • Viewed: 8
    • Price: $3,190,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 0
    • Days On Market: 80
    • Additional Information
    • County: LOS ANGELES
    • City: Sherman Oaks
    • Zipcode: 91411
    • Provided by: Coldwell Banker Realty
    • Contact: Frank Frank
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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 propertys 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. Dont miss out on this chance to invest in a thriving area with strong income potential.
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    Features
    Accessibility Features
    1. None
    Appliances
    1. Dishwasher
    2. Disposal
    3. Gas Oven
    4. Gas Range
    5. Gas Cooktop
    6. Refrigerator
    Architectural Style
    1. Mid Century Modern
    Assessments
    1. None
    Association Fee
    1. 0.00
    Building Area Total
    1. 9409.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Construction Materials
    1. Asphalt
    2. Block
    3. Concrete
    4. Plaster
    5. Stucco
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Days On Market
    1. 246
    Electric
    1. 220 Volts
    Electric Expense
    1. 3500.00
    Fencing
    1. Wrought Iron
    Fireplace Features
    1. Family Room
    2. Gas
    Flooring
    1. Laminate
    2. Vinyl
    Foundation Details
    1. Concrete Perimeter
    2. Seismic Tie Down
    3. Slab
    Garage Spaces
    1. 6.00
    Gardner Expense
    1. 1200.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 7500.00
    Laundry Features
    1. Community
    2. In Garage
    Levels
    1. Two
    Lockboxtype
    1. None
    Lot Features
    1. 0-1 Unit/Acre
    2. Landscaped
    Netoperatingincome
    1. 143461.00
    Number Of Separate Electric Meters
    1. 10
    Number Of Separate Gas Meters
    1. 10
    Parcel Number
    1. 2249022020
    Parking Features
    1. Assigned
    Pool Features
    1. None
    Postalcodeplus4
    1. 4068
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Property Condition
    1. Turnkey
    Road Surface Type
    1. Paved
    Roof
    1. Asphalt
    Security Features
    1. Carbon Monoxide Detector(s)
    2. Gated Community
    3. Smoke Detector(s)
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 424842616:CRM
    Spa Features
    1. None
    Tenant Pays
    1. Electricity
    2. Gas
    Totalactualrent
    1. 18245.00
    Totalexpenses
    1. 68487.00
    Trash Expense
    1. 3947.00
    Utilities
    1. Cable Connected
    2. Electricity Connected
    3. Natural Gas Connected
    4. Phone Connected
    5. Sewer Connected
    6. Water Connected
    View
    1. None
    Water Sewer Expense
    1. 8500.00
    Water Source
    1. Public
    Year Built
    1. 1964
    Year Built Source
    1. Assessor
    Zoning
    1. LAR3
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836