Ignite FB Tracking Pixel5236 Kester Avenue 6, Sherman Oaks, CA 91411 - Nicole Grey
Pinnacle Estate Properties, Inc.
Nicole Grey, Pinnacle Estate Properties, Inc.Phone: (818) 469-5007
Email: [email protected]
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listing
1 of 44
CommercialFor Sale
$3,425,000
5236 Kester Avenue 6
Sherman Oaks, CA 91411
Listed by Frank Ponce DRE#00861049 [email protected] Coldwell Banker Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$17,779/mo

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.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed.
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