#SR24165219, Doug Puetz, Listing Office: Keller Williams Realty Calabasas
![Coldwell Banker Realty MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
5236 Kester Ave Sherman Oaks, CA 91411
Property details
About 5236 Kester Ave
Discover an extraordinary investment opportunity in the heart of Sherman Oaks! This 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on Magnolia Boulevard, offers a blend of luxury and convenience. With spacious, townhouse-style units provide a comfortable living experience for tenants. This desirable rental area is located in one of Sherman Oaks’ most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. Offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. The property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the property’s value. On-site tuck-under parking and shared laundry facilities add convenience and gated property. A true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. Investment potential: With over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. Don’t miss out on this chance to invest in a thriving area with strong income potential.
Highlights
Summary
- MLS Number: PV24209545
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Phone: (310) 503-4158
- Listing Agent: Frank Ponce
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/10/2025, 8:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of property](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1089851615/2003545022759.jpg?version=1728494420&width=640)
$3,190,000
5236 Kester Ave
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Price information
Property sales
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Tax history
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Nearby schools
7
Kester Elementary / Magnet
Public District PK-5
0.1 mi
•5353 Kester Ave
7
Chandler Learning Academy
Public District KG-5
1.1 mi
•14030 Weddington St
7
Sherman Oaks Elementary Charter
Public Charter KG-5
1.1 mi
•14755 Greenleaf St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,838. The most common annual income of people living in Sherman Oaks, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5236 Kester Ave
This home is located at 5236 Kester Ave in Sherman Oaks, CA and zip code 91411 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $3,190,000.
In January 2025 more than 294 listings in Sherman Oaks, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. Between December and January 2025, Sherman Oaks, CA real estate market has seen increase in the number of listings by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.