5640 Kester Avenue Pending

Van Nuys (los Angeles),CA 91411

$ 1650000

- Bed

0 Bath

4520 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,520 sqft

Price per Sqft $365

MLS Listing ID CL24467419

HOA Y/N No

Year Built 1953

Lot Size 9,307 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating, copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 2244014026

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