Sherman Oaks, CA 91411,5453 Kester AVE
Sherman Oaks, CA 91411,5453 Kester AVE
Sherman Oaks, CA 91411,5453 Kester AVE
21
$1,300,000
$1,350,000
3.7%
Est.Price: ?

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6 BD
5 BA
3,474 SqFt

5453 Kester AVE Sherman Oaks, CA 91411

Est. payment /mo
SOLD DATE : 03/07/2025

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Lawrence Joseph Cech, CNE

Lawrence Joseph Cech, CNE

+1(215) 519-8300

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,474 sqft

Price per Sqft $374

MLS Listing ID 25485851

Sold Date 03/07/25

Bedrooms 6

HOA Y/N No

Year Built 1961

Lot Size 4,290 Sqft

Property Description

Welcome to an exceptional investment opportunity in Sherman Oaks! This four-unit apartment building offers outstanding value for investors looking to capitalize on one of Los Angeles' most desirable neighborhoods. The property features a mix of one- and two-bedroom units, all situated in a prime location within this sought-after community.Zoned R3, the property includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, along with three generously-sized one-bedroom, one-bathroom units. Recent capital improvements ensure the building is in excellent condition, with upgrades including new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and low-maintenance artificial turf.Units 1 and 3 have undergone extensive renovations, featuring sleek laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully updated bathrooms with new tile, fixtures, and cabinetry.Building amenities include common area laundry facilities, individually metered gas and electricity, secure entry, a combination of gated and garage parking, plus additional guest parking.Located in a vibrant Sherman Oaks neighborhood, the property offers easy access to premier shopping, dining, and entertainment, as well as quick connections to the 101 and 405 Freeways. Outdoor enthusiasts will appreciate the proximity to nearby parks, including Lake Balboa Park, which will host events during the 2028 LA Olympics.With consistently strong demand for one-bedroom units, this property ensures stable rental income and long-term profitability. Its ideal location and well-maintained condition make it a rare, turn-key investment opportunity in one of LA's most dynamic and resilient real estate markets. This is the perfect opportunity for investors seeking long-term wealth preservation and reliable returns.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Covered, Guest, Side By Side

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2250016033

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Denise Snanoudj • The Agency
Bought with Armine Nalbandyan • LA Premier Realty

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agent

Lawrence Joseph Cech, CNE

Agent | License ID: 2212873

+1(215) 519-8300

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