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5660 Kester Ave 5 Unit Apartment Building $1,750,000 ($350,000/Unit) Van Nuys, CA 91411
Investment Highlights
- Sherman Oaks adjacent
- Well maintained
- Upside in rents
Executive Summary
• No. Units 5
• Building Size 4,000 SF
• Property Type Multifamily
• Average Occupancy 80%
• No. Stories 2
• Apartment Style Low-Rise
• Year Built 1951
• Building Class C
• Tenancy Single
• Lot Size 0.16 AC
• Zoning LARD1.5 – LARD1.5
• Building Size 4,000 SF
• Property Type Multifamily
• Average Occupancy 80%
• No. Stories 2
• Apartment Style Low-Rise
• Year Built 1951
• Building Class C
• Tenancy Single
• Lot Size 0.16 AC
• Zoning LARD1.5 – LARD1.5
Property Facts
| Price | $1,750,000 | Building Class | C |
| Price Per Unit | $350,000 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| No. Units | 5 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1951 |
| Apartment Style | Low-Rise | Parking Ratio | 1.25/1,000 SF |
| Zoning | LARD1.5 - LARD1.5 | ||
| Price | $1,750,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | LARD1.5 - LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 400 - 600 |
| 2+1 | 1 | - | 400 - 600 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2244-014-023 | Improvements Assessment | $411,958 |
| Land Assessment | $617,936 | Total Assessment | $1,029,894 |
Property Taxes
Parcel Number
2244-014-023
Land Assessment
$617,936
Improvements Assessment
$411,958
Total Assessment
$1,029,894
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5660 Kester Ave