Sherman Oaks, CA 91411,5456 Kester AVE
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Sherman Oaks, CA 91411,5456 Kester AVE
Sherman Oaks, CA 91411,5456 Kester AVE
Sherman Oaks, CA 91411,5456 Kester AVE
Sherman Oaks, CA 91411,5456 Kester AVE

$1,210,000

Est. payment /mo

$1,239,500

2.4%
Est.Price: ?

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5456 Kester AVE Sherman Oaks, CA 91411

5,998 Sqft Lot

SOLD DATE : 06/30/2021

Key Details

Sold Price $1,210,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR21093156

Sold Date 06/30/21

HOA Y/N No

Year Built 1949

Lot Size 5,998 Sqft

Property Description

This amazing legal duplex; two homes on a large 6,000 sq ft lot with almost 2,400 sq ft of living space. High Income property with over $70,700. in annual rental income. This is a 17.5 GRM, Cap rate of 4.6, good for the Sherman Oaks area. 5454 & 5456 Kester ave. Located in prime neighborhood of Sherman Oaks within walking distance to sought after and highly-rated Kester ave Elementary School and close to Ventura blvd and all it offers. Outstanding investment with solid rental income, perfect for turn-key investment or live in one house and have second house pay your mortgage, or a family compound with an in-law unit. Main house is fully remodeled and has 3 bedrooms and 2 bathrooms. House has in ground spa, living room with fireplace plus newer kitchen, soft close cabinets, quartz countertops, & stainless steel appliances, central HVAC, plus nest, hardwood floors, recessed lights, and 2 car garage with alley access. You will enjoy the large private landscaped yard with spa! Perfect for gardening, children playing, or entertaining family and friends. Second home located in front with 2 bedrooms and one bathroom with own separate laundry in-unit washer and dryer. Property qualifies for owner occupied or investment financing. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LARD2

Interior

Interior Features Recessed Lighting, Bedroom on Main Level, Main Level Master

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Good Condition, Privacy, Vinyl

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N No

View None

Roof Type Shingle

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2249025026

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rachael Hughel • RE/MAX One
Bought with Rachael Hughel • RE/MAX One
agent

Rachael Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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