5660 Kester Avenue, Van Nuys, CA 91411
- $1,750,000
Listing courtesy of Listing Agent: Roger Perry (Rperry@rogerperry.com) from Listing Office: Rodeo Realty.
- List Price
- $1,750,000
- Status
- ACTIVE
- Days on Market
- 198
- Price Change
- ▼ $100,000 1779838604
- MLS#
- 26660485
- Subtype
- Commercial Sale
- Year Built
- 1951
- Lot Size
- 7,159
- Acres
- 0.16
- MLS Area Major
- Sherman Oaks (SO)
Property Description
Well-located 5-unit multifamily property in the heart of Van Nuys, offering a strong value-add opportunity. The two-story, low-rise building spans approximately 4,000 SF on a 0.16-acre lot and is currently operating at ~80% occupancy. Built in 1951, this Class C asset features spacious units with functional layouts and steady rental demand. Zoned LARD1.5, the property presents potential for future upside through improved management, lease-up, or renovation. Ideal for investors seeking income with room to grow in a centrally located rental market.
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Additional Information
- Zoning
- LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.