BEDS4
BATHS2 full
SQUARE FEET1,624
MLS#SR26071403
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLos Angeles Unified
Listing Courtesy of:
Mills Realty of California
Agency Phone: 818-763-4462
Associate Name: Simon Mills
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
Excellent development opportunity in prime Sherman Oaks, north of the boulevard, situated on a flat corner lot in a highly desirable residential neighborhood close to Ventura Blvd shopping, dining, amenities and Kester Elementary. Currently improved with a duplex consisting of a 3 bed, 1 bath unit (1,184 SF) that is tenant occupied and a 1 bed, 1 bath unit (440 SF) with fire damage, this property is being sold for land value with the buyer to inherit the existing tenant. Zoned LAR3, the site offers strong potential for redevelopment, ideal for a developer, builder, or end user looking to construct a custom dream home or explore multi-unit possibilities. All utilities are already on site, providing a streamlined path for future development. Rare chance to secure a well-located parcel with significant upside in one of the Valleys most sought-after communities.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Garage: 1 car attached
Home Style: Traditional
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 1.0
Year Built: 1948
Amenities
All Bedrooms Down
Feature Descriptions
Community Features: Curbs
Days on Site: 2
Exterior: Stucco, Wood Siding
Fencing: Wood
Fireplace: None
Laundry: In Garage
Lot: Corner Lot
Parcel#: 2263012038
Parking: Garage
Parking Notes: Garage
Sewer: Public Sewer
Units: 2
Water: Public
Local Schools
Elementary School: Kester
School District: Los Angeles Unified
Listed By / Shown By
Listed By
Agency Name: Mills Realty of California
Agency Phone: 818-763-4462
Agent Name: Simon Mills
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimate Your Payment
Estimated Payment
$ 3,020.68 per month $2,670.68 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance
5003 Kester Avenue | MLS# SR26071403
This multi-family property located at 5003 Kester Avenue, Sherman Oaks, CA 91403 is currently listed for sale with an asking price of $1,200,000. Kester Avenue is located within the Los Angeles Unified school district. Search Sherman Oaks real estate on www.farrellsmyth.com today.