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Listed by Frank Ponce • Coldwell Banker Realty
$ 2,900,000
Est. payment /mo
New
5236 Kester Avenue Sherman Oaks (los Angeles), CA 91411
9,409 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,409 sqft
Price per Sqft $308
MLS Listing ID CRPV25148646
HOA Y/N No
Year Built 1964
Lot Size 0.288 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and s
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Central Air, Other
Flooring Laminate, Vinyl
Fireplace No
Laundry Common Area
Building
Lot Description Other
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