#25487440, Andrew Teshinsky, Listing Office: Equity Union
$10,000
closing credit¹
5453 Kester Ave Sherman Oaks, CA 91411
Property details
About 5453 Kester Ave
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.
Highlights
Summary
- MLS Number: 25485851
- MLS Name: CRMLS
- Office Name: The Agency
- Office Phone: (424) 230-3700
- Listing Agent: Denise Snanoudj
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.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/3/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,350,000
5453 Kester Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,220,388 | $15,082 |
2023 | $1,196,460 | $14,792 |
2022 | $1,448,400 | $14,105 |
2021 | $85,576 | $1,413 |
2020 | $84,699 | $1,377 |
2019 | $83,039 | $1,311 |
2018 | $81,411 | $1,286 |
2017 | $79,816 | $1,286 |
History based on county public records data.
Nearby schools
7
Kester Elementary / Magnet
Public District PK-5
0.2 mi
•5353 Kester Ave
3
Sylvan Park Elementary
Public District KG-5
1.0 mi
•6238 Noble Ave
7
Chandler Learning Academy
Public District KG-5
1.1 mi
•14030 Weddington 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. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5453 Kester Ave
This home is located at 5453 Kester Ave in Sherman Oaks, CA and zip code 91411 in the The San Fernando Valley neighborhood. This 3,474 square foot home, which was built in 1961, sits on a 0.10 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,350,000.
In January 2025, from all listings sold in Sherman Oaks, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. In January 2025 in Sherman Oaks, CA there were 20.1% more homes for sale than in December. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.