Frank Ponce
This listing was posted on Frank Ponce (via ListedBuy).
$3,699,000
5236 Kester Avenue, Sherman Oaks, CA 91411
Price:
$3,699,000
BR/BA:
3 BR
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Description:
Seller will consider seller finance. 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 saleal 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 46% potential upside in sale. It is a reposition opportunity with strong upside in sales. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
9,409 sq. ft.
Amenities:
AC, Fireplace, Gated, Wood Floors
For sale by:
Agent/Broker
Agent Name:
Frank Ponce
Posted:
July 11 2023 on ListedBuy
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More About this Listing: 5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411 is a Three Bedroom Multi-Family Real Estate for Sale at 5236 Kester Avenue in Van Nuys CA. Find other listings like 5236 Kester Avenue, Sherman Oaks, CA 91411 and listings near 5236 Kester Avenue by searching Oodle Classifieds for Three Bedroom Multi-Family Real Estate for Sale in Van Nuys CA.
5236 Kester Avenue, Sherman Oaks, CA 91411 is a Three Bedroom Multi-Family Real Estate for Sale at 5236 Kester Avenue in Van Nuys CA. Find other listings like 5236 Kester Avenue, Sherman Oaks, CA 91411 and listings near 5236 Kester Avenue by searching Oodle Classifieds for Three Bedroom Multi-Family Real Estate for Sale in Van Nuys CA.