5661 Kester Ave - Apartments FOR SALE


Van Nuys, CA 91411
$909,000 USD
818-390-4181
5661 Kester Ave, Van Nuys, CA for Sale
$909,000 USD
Apartments - FOR SALE
1/10
null | 2.78% Cap Rate

5661 Kester Ave
Van Nuys, CA 91411


HIGHLIGHTS

  • Unbeatable proximity to Balboa Park, Target, The Sherman Oaks Galleria and Petco
  • Potential owner-user opportunity
  • Spacious, well-sized 2-bedroom homes
  • Mature landscaping with jacaranda trees
  • Been in the same family for decades – since 1978
  • Washer / Dryer in-unit; Garage with separate assigned parking spaces

OVERVIEW

Marcus & Millichap is pleased to present the exclusive listing of 5661-5663 Kester Avenue, a charming duplex located in the heart of Sherman Oaks. Built in 1952, this property consists of two spacious 2-bedroom homes, totaling 2,144 rentable square feet on a 6,003 square foot lot. Situated in a peaceful and well-established residential neighborhood, 5661 Kester Avenue offers a rare opportunity to own a property with both investment potential and the ?exibility of an owner-user. The duplex features two 2-bedroom homes, each providing ample living space, mature landscaping, and the added convenience of in-unit washers and dryers. The property also includes a garage with two parking spaces and a lovely courtyard, perfect for outdoor enjoyment. The current owner has maintained the property since 1978, showcasing long-term care and stability. The location is ideal, offering easy access to the best of Sherman Oaks, with nearby Balboa Park, the Van Nuys/Sherman Oaks Recreation Center, Sherman Oaks Galleria, and Sherman Oaks Fashion Square. Retail conveniences such as Target, Petco, and Whole Foods are just minutes away. This neighborhood is known for its quiet, tree-lined streets and residential feel, making it a desirable location for families and renters alike. Surrounded by residential properties, this area offers a strong sense of community and easy access to major roads and freeways. Whether you're looking for an investment property or a place to call home, 5661-5663 Kester Avenue provides an exceptional opportunity in one of the San Fernando Valley's most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$909,000 USD

PRICE/SF

$424 USD /SF

# OF UNITS

2

PRICE/UNIT

$454,500

CAP RATE

2.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,180 SF

ZONING

-

APN/PARCEL ID

2243-014-024

ASK ABOUT THIS PROPERTY

Eli AppelMarcus & MillichapMore Info
818-390-4181

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Eli AppelMarcus & MillichapMore Info
818-390-4181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.