5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411
5236 Kester Avenue, Sherman Oaks, CA 91411
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Cameron Ripley

Cameron Ripley

+1(530) 635-0283
$ 2,950,000
Est. payment | /mo

3 Beds

3 Baths

0.29 Acres Lot

Save
$ 2,950,000
Est. payment | /mo
Save

3 Beds

3 Baths

0.29 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV25148646

Bedrooms 3

Lot Size 0.288 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desirewalkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. Its a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gemgated, private, and exclusivenestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort. From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues

Location

State CA

County Los Angeles

Zoning Assessor

Direction Coming off 405 North to Burbank Blvd. to Kester Avenue.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 2249022020

Acceptable Financing Cash, Conventional, Exchange, Land Contract

Listing Terms Cash, Conventional, Exchange, Land Contract

MLS Router / San Diego MLS
Listed by Frank Ponce, DRE#00861049 Coldwell Banker Realty 

NEARBY SCHOOLS & PROPERTIES

Cameron Ripley

"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."

+1(530) 635-0283

info@visionforwardrealty.com

8150 Sierra College Blvd Ste 130

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Vision Forward Realty Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5236 Kester Avenue