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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
Overview
What It'll Cost
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Undisclosed Price
4737 Kester Ave, Sherman Oaks, CA 91403
16 Beds
16 Baths
Undisclosed Price
4737 Kester Ave, Sherman Oaks, CA 91403
16 Beds
16 Baths
Sold
Sold
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
Year Built
2014
Days on Site
795 Days
HVAC
Cooling: Central, Heating: Central
Parking
16 Parking Spaces
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Activity History
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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