#SR25027321, Vahan Avanesyan, Listing Office: Pinnacle Estate Properties

5236 Kester Ave Sherman Oaks, CA 91411
Property details
About 5236 Kester Ave
LISTING AGREEMENT IS IN PLACE. DO NOT CONTACT SELLER. SELLER DOES NOT WANT TO BE CONTACTED BY MAIL OR BY PHONE. A GRIEVANCE WILL BE FILED IF THIS IS IGNORED. PROPERTY IS BEING REMOVED FROM THE MARKET TEMPORARILY. 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 central air conditioning and heating, 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: 4/4/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,950,000
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. Typical income of Sherman Oaks, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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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 $2,950,000.
In March 2025 more than 302 listings in Sherman Oaks, CA were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 322 were sold below. The number of listings in Sherman Oaks, CA increased by 13.7% between February and March 2025. The median list price of listings available in March 2025 was $940,937, while the average time on the real estate market was 39 days.