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Listing Courtesy Of: Kidder Mathews of California, Inc., 858-369-3010, David Saghian
Listing Sold By: Kidder Mathews of California, Inc.
Local Realty Services Provided By: Keller Williams Encino Sherman Oaks
US / CA / Los Angeles / Sherman Oaks West / 4727 Kester Ave
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US / CA / Los Angeles / Sherman Oaks West / 4727 Kester Ave
Undisclosed Price
4727 Kester Ave, Sherman Oaks, CA 91403
25 Beds
21 Baths
sq ft
ac
US / CA / Los Angeles / Sherman Oaks West / 4727 Kester Ave
Undisclosed Price

4727 Kester Ave, Sherman Oaks, CA 91403

25 Beds
21 Baths
sq ft
ac
Sold
Sold
Open House:
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Property Description

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 Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1984
Days on Site
756 Days
HVAC
Cooling: Central, Heating: Central
Parking
30 Parking Spaces
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Activity History

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US / CA / Los Angeles / Sherman Oaks West /

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Car-Dependent Walkable Very Walkable
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