$10,000 Closing Credit¹
#24463765, Todd Marks, Listing Office: Berkshire Hathaway HomeServices California Properties
#24467419·
Listing Office: Power Brokers·
Listing Agent: Helen Abrishami·
Listing Office Phone: 424-738-5900
$10,000
closing credit¹
5640 Kester Ave Van Nuys, CA 91411
$1,650,000 List price
$10,000
Closing credit¹
8 beds
6 baths
4,520 sqft
0.2 acres
$365 / sqft
House
Property details
About 5640 Kester Ave
Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating, copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential.
Highlights
Home typeOther
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Size4,520 sqft
Lot size0.2137 Acres
Year built1953
ParkingGarage
MLS #24467419
Garage6 spaces
Summary
- MLS Number: 24467419
- MLS Name: CRMLS
- Office Name: Power Brokers
- Office Phone: (424) 738-5900
- Listing Agent: Helen Abrishami
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 5:00:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,650,000
5640 Kester Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 20, 2019 | Home Sold | $1,818,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,950,759 | $24,477 |
| 2023 | $1,912,539 | $24,012 |
| 2022 | $1,875,069 | $22,919 |
| 2021 | $1,838,333 | $22,634 |
| 2020 | $1,818,000 | $5,471 |
| 2019 | $383,219 | $5,295 |
| 2018 | $375,706 | $5,147 |
| 2017 | $368,340 | $5,147 |
History based on county public records data.
Nearby schools
7
Kester Elementary / Magnet
Public District PK-5
0.4 mi
•5353 Kester Ave
3
Sylvan Park Elementary
Public District KG-5
0.7 mi
•6238 Noble Ave
7
Chandler Learning Academy
Public District KG-5
1.2 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 $61,796. Residents of Van Nuys, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
32%
<35k
45%
35k-100k
19%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
10%
Single, with Kids
18%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
49%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Men's Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
The Cheesecake Factory
What do the neighbors drive?
Audi
Mercedes
Volvo
What do the neighbors listen to?
Alternative
News
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
#24452099, Emil Hartoonian, Listing Office: The Agency
#24415755, Sevak Keshishian, Listing Office: Marcus & Millichap
$10,000 Closing Credit¹
#24418407, Sally Forster Jones, Listing Office: Compass
Backup offers
#24451643, Serena Shlomof, Listing Office: Onward Capital, Inc.
#25486841, Hooman Emanuel, Listing Office: Keller Williams Studio City
#24470251, Sue Soyoung Kim, Listing Office: Bee Investment, Inc.
Frequently asked questions
About 5640 Kester Ave
This home is located at 5640 Kester Ave in Van Nuys, CA and zip code 91411 in the The San Fernando Valley neighborhood. This 4,520 square foot home, which was built in 1953, sits on a 0.21 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,650,000.
Van Nuys, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. Between December and January 2025, Van Nuys, CA real estate market has seen increase in the number of listings by 20.1%. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.