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Listing Courtesy Of: Kidder Mathews of California, Inc., 858-369-3010, David Saghian
Local Realty Services Provided By: Keller Williams Encino Sherman Oaks
US / CA / Los Angeles / Sherman Oaks West / 4737 Kester Ave
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US / CA / Los Angeles / Sherman Oaks West / 4737 Kester Ave
Undisclosed Price
4737 Kester Ave, Sherman Oaks, CA 91403
16 Beds
16 Baths
sq ft
ac
US / CA / Los Angeles / Sherman Oaks West / 4737 Kester Ave
Undisclosed Price

4737 Kester Ave, Sherman Oaks, CA 91403

16 Beds
16 Baths
sq ft
ac
Sold
Sold
Open House:
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Property Description

We are pleased to present a very rare and attractive value add investment property located in Prime Sherman Oaks sandwiched between Studio City and Encino. The property is walking distance to a myriad of fine dining, shopping, and entertainment options. Built in 2014 (Subject to Rent Stabilized Ordinance), 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 Sherman Oaks location with significant value-add potential with approximately 36% Upside in Market Rents. There is an excellent unit mix consisting of one Large 3 Bedroom / 2.5 Bathroom Townhome Unit that is suitable for an owner user, Six Spacious 2 Bedroom / 2 Bathrooms Units and One 1 Bedroom / 1 Bath Unit. All units are separately metered for gas & electric and have in-unit washer/ dryer. There is gated ample parking available on site for each of the units. In addition there is an assumable loan of $1,435,000 at a 3.15% interest rate for another 2.5 years.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
2014
Days on Site
790 Days
HVAC
Cooling: Central, Heating: Central
Parking
16 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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