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Multifamily

5661-5663 Kester Ave

5661-5663 Kester Ave, Van Nuys, CA 91411

Listing Price: $909,000

Cap Rate
2.78%
Number of Units
2
GRM
20.53
Occupancy
97.0%
Price/Unit
$454,500
Price/Gross SF
$423.97
Gross SF
2,144

Investment Overview

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 1950, this property consists of two spacious 2-bedroom homes, totaling 2,144 rentable square feet on a 6,180 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.

Investment Highlights

  • Desired Residential Sherman Oaks location
  • Unbeatable proximity to Balboa Park, Target, The Sherman Oaks Galleria and Petco
  • Potential owner-user opportunity
  • Spacious, well-sized 2-bedroom homes
  • Mature landscaping with jacaranda trees
  • Been in the same family for decades – since 1978
  • Washer / Dryer in-unit
  • Garage with separate assigned parking spaces

Exclusively Listed By

Financing By

Multifamily

5661-5663 Kester Ave

Listing Price: $909,000

Cap Rate
2.78%
Number of Units
2
GRM
20.53
Occupancy
97.0%
Price/Unit
$454,500
Price/Gross SF
$423.97
Gross SF
2,144

Investment Highlights

  • Desired Residential Sherman Oaks location
  • Unbeatable proximity to Balboa Park, Target, The Sherman Oaks Galleria and Petco
  • Potential owner-user opportunity
  • Spacious, well-sized 2-bedroom homes
  • Mature landscaping with jacaranda trees
  • Been in the same family for decades – since 1978
  • Washer / Dryer in-unit
  • Garage with separate assigned parking spaces

Investment Overview

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 1950, this property consists of two spacious 2-bedroom homes, totaling 2,144 rentable square feet on a 6,180 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.

Exclusively Listed By

Financing By

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