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$4,595,000
83 Days On Site

6956 Kester Avenue
Van Nuys, CA 91405

For Sale|Residential Income|Active
37
Beds
37
Total Baths
20,880
SqFt
$220
/SqFt
1965
Built
County:
Los Angeles
Listed by Jeanette Monfared of Marcus & Millichap Janette.Monfared@marcusmillichap.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
6956 Kester Avenue6956 Kester Avenue6956 Kester Avenue6956 Kester Avenue
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INCREDIBLE AND HARD TO FIND ASSUMABLE LOAN FOR 65% OF THE PURCHASE PRICE!!!!!!!!!!!!!!!!!!! 3.75% FIXED- $3,000,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.57%; GIM equal to 8.3; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces. Marketing package attached under DOCS.

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Listing Snapshot
Price 
$4,595,000
Days On Site 
83 Days
Bedrooms 
37
Inside Area (SqFt) 
20,880 sqft
Total Baths 
37
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5415 Acres
Year Built 
1965
MLS® Number 
26859211
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoPrice changed to $4,595,000
3 months agoListing first seen on site
General Features
Acres 
0.5415
Levels 
Multi/Split
Number Of Stories 
2
Parking 
Carport
Parking Spaces 
24
Special Circumstances 
Standard
SqFt Total 
20880
Zoning 
LARD1.5
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
VN - Van Nuys


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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