21
See all 21 photos
$1,350,000
Est. payment /mo
6 BD
5 BA
3,474 SqFt
New
5453 Kester AVE Sherman Oaks, CA 91411
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UPDATED:
01/21/2025 12:37 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,474 sqft
Price per Sqft $388
MLS Listing ID 25485851
Bedrooms 6
HOA Y/N No
Year Built 1961
Lot Size 4,290 Sqft
Property Description
Welcome to an exceptional investment opportunity in Sherman Oaks! This four-unit apartment building offers outstanding value for investors looking to capitalize on one of Los Angeles' most desirable neighborhoods. The property features a mix of one- and two-bedroom units, all situated in a prime location within this sought-after community.Zoned R3, the property includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, along with three generously-sized one-bedroom, one-bathroom units. Recent capital improvements ensure the building is in excellent condition, with upgrades including new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and low-maintenance artificial turf.Units 1 and 3 have undergone extensive renovations, featuring sleek laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully updated bathrooms with new tile, fixtures, and cabinetry.Building amenities include common area laundry facilities, individually metered gas and electricity, secure entry, a combination of gated and garage parking, plus additional guest parking.Located in a vibrant Sherman Oaks neighborhood, the property offers easy access to premier shopping, dining, and entertainment, as well as quick connections to the 101 and 405 Freeways. Outdoor enthusiasts will appreciate the proximity to nearby parks, including Lake Balboa Park, which will host events during the 2028 LA Olympics.With consistently strong demand for one-bedroom units, this property ensures stable rental income and long-term profitability. Its ideal location and well-maintained condition make it a rare, turn-key investment opportunity in one of LA's most dynamic and resilient real estate markets. This is the perfect opportunity for investors seeking long-term wealth preservation and reliable returns.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Covered, Guest, Side By Side
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2250016033
Special Listing Condition Standard
Listed by Denise Snanoudj • The Agency
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