5661 Kester Ave 2 Unit Apartment Building $849,000 ($424,500/Unit) 3.62% Cap Rate Van Nuys, CA 91411

Marcus & Millichap is pleased to present the exclusive listing of 5661-5663 Kester Avenue, a charming duplex located in the heart of Sherman Oaks. Built in 1952, this property consists of two spacious 2-bedroom homes, totaling 2,144 rentable square feet on a 6,003 square foot lot.
Situated in a peaceful and well-established residential neighborhood, 5661 Kester Avenue offers a rare opportunity to own a property with both investment potential and the flexibility of an owner-user. The duplex features two 2-bedroom homes, each providing ample living space, mature landscaping, and the added convenience of in-unit washers and dryers. The property also includes a garage with two parking spaces and a lovely courtyard, perfect for outdoor enjoyment.
The current owner has maintained the property since 1978, showcasing long-term care and stability. The location is ideal, offering easy access to the best of Sherman Oaks, with nearby Balboa Park, the Van Nuys/Sherman Oaks Recreation Center, Sherman Oaks Galleria, and Sherman Oaks Fashion Square. Retail conveniences such as Target, Petco, and Whole Foods are just minutes away.
This neighborhood is known for its quiet, tree-lined streets and residential feel, making it a desirable location for families and renters alike. Surrounded by residential properties, this area offers a strong sense of community and easy access to major roads and freeways.
Whether you're looking for an investment property or a place to call home, 5661-5663 Kester Avenue provides an exceptional opportunity in one of the San Fernando Valley's most sought-after neighborhoods.