7327 Kester Ave
Van Nuys, CA 91405
New Construction 6 Unit with 5.74% Cap Rate · Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 9,720 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.34/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 9,720 SF |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- Sprinkler System
- Tub/Shower
- Yard
- Framed Mirrors
Site Amenities
- Storage Space
About 7327 KESTER AVE , VAN NUYS, CA 91405
5 out of 6 units rented in 2 weeks to phenomenal tenants with stellar credit!!! This building will be delivered FULLY OCCUPIED with a real 5.54% cap rate!!! Make a sky high return without lifting a finger! 7327 Kester is made up of two triplexes containing a total of 6 side-by-side “townhome style” units with private garages & individual walk ups. Enjoy NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, a 1 year fit-and-finish warranty, microscopic vacancy rate, & the ease of owning a hassle-free 2019 construction! The property is made up of four 4 bedroom, 3 1/2 bathroom units and two 4 bedroom, 3 1/2 bathroom units, all containing spacious & open floorplans, top-of-the-line kitchens, beautifully designed bathrooms, high quality flooring & large balconies off the living rooms. This property is without a doubt the nicest new addition to the rental market in the area. Nearby you’ll find large complexes such as IMT Sherman Circle with asking rents for 3 bedrooms of $4,000+. These units are conveniently located walking distance to countless restaurants, grocery stores, schools and shops including Starbucks, The Plant Shopping Center, The Habit Burger Grill, Jon’s Marketplace and much more.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | $3,500 | 1,620 |
| 3+4 | 3 | $3,050 | 1,620 |
Property Taxes
| Parcel Number | 2221-014-008 | Improvements Assessment | $2,338,727 |
| Land Assessment | $1,559,509 | Total Assessment | $3,898,236 |
Property Taxes
