6257 KESTER AVENUE, Van Nuys, CA 91411 | Off-market

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • Beds
  • Baths
  • 5,440 Sq Ft
  • 8,916 Sq Ft

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

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Amenities

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

Income

Rental Units


The income description goes here to explain

Expenses

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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© 2020 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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