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6257 KESTER AVENUE
Off-Market Call for Pricing
Call for Pricing
- 6 Units
- 5,440 Sq Ft
- 8,916 Sq Ft
- 4% Cap Rate
Description
This beautiful 6 unit apartment building is located at 6257 Kester Ave in Van Nuys, which hosts a unit mix of 6-two bedroom and one bath units. Located on Kester Ave below Victory Blvd is ideally suited for first time investors and seasoned investors alike. This strong cash flow investment has potential rental upside, on-site parking, new windows, recently painted, and on-site laundry. Located in a high demand rental location and in an area that has shown continued improvement over the years. The property is individually metered for gas & electric.
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Owner
Do you own or manage this property?
This is my PropertyAmenities
Garage
Outdoor Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Open Floorplan
Great Views
Natural Light
Quiet
Elevator
Balcony
Guest Unit(s)
Furnishings
Property Details
| List Price | $1,189,000 |
| Property Type | Multi-Family |
| Usable Sqft | 5,440 |
| Number of Stories | Unknown |
| Parking Spots | 0 |
| Year Built | 1957 |
| Last Sold | September 22, 2017 |
| Sold Price | 1,223,000 |
| APN # | Unknown |
| MLS # | SR17176484 |
| Property ID | 1450459 |
| Lot Sqft | 8,916 |
| Zoning | LAR3 |
| Total Units | 6 |
| Date Updated | May 19, 2018 |
| Date Created | August 01, 2017 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.0 | $7,075 | $10,200 |
| Gross Income (Yr) | $ 83,517 |
| Operating Expenses | $ 34,248 |
| Net Income (Yr) | $ 49,269 |
| Cap Rate | 4.14% |
Listing Provided By
James Antonucci an agent of Keller Williams Realty-Studio. Lic #01822661
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© 2021 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 7, 2018 4:38 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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