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4727 Kester Avenue
Sherman Oaks, CA 91403
Sold
4727 Kester Avenue
Sherman Oaks, CA 91403
Sold
The offering is a rare and attractive value add investment property located in Prime Sherman Oaks Adjacent to Encino. The property is situated in one of the trendiest neighborhoods in the San Fernando Valley, located just off of Ventura Blvd tenants are within close walking distance to a plethora of fine dining, shopping, and entertainment option. Built in 1984, the asset is not under Radical Los Angeles Rent Control, under AB 1482 the owner will be able to raise rents 8.8% per year. The asset is well maintained with little to no deferred maintenance. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime Valley Location with significant value-add potential. There is an excellent unit mix consisting of Five 1 Bedroom / 1 Bathroom, Five 2 Bedroom/ 1 Bathroom, Four 2 Bedroom / 2 Bathroom & One 2 Bedroom / 2.5 Bathroom Townhome Unit, very desirable for today's rental market. There is subterranean gated parking and with ample space. All units are separately metered Gas and Electrics. This Valuable Asset is available for Sale for the first time in 32 Years!
PROPERTY INFORMATION
| MLS # | 23286901 | Lot Size | 11,938 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 5,600,000
Price Per SqFt: $ 413 |
DOM | 666 Days |
| Address | 4727 Kester Avenue | Type | Residential Income |
| City | Sherman Oaks | Sq.Ft. | 13,560 Sq. Ft. |
| Postal Code | 91403 | Garage | N/A |
| County | Los Angeles | Year Built | 1984 |
| Bed / Bath | 25 / 0 | Parking | 30 |
| Built In | 1984 | Status | Closed |
| Sold Date | 2023-10-16 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Microwave, Refrigerator, Built-In |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Wood |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $5,973
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/05/2023 | Listed | $5,850,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of David Saghian, Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
