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6937 Kester Avenue

Van Nuys, CA 91405
  • $4,150,000
  • STATUS: Active Under Contract
  • ON SITE: 96 Days
  • MLS #: SR21227108
Under Contract
UPDATED: 58 min ago
$4,150,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)


Description

The Ghobadi Multifamily Investment Team is pleased to present a 16-unit apartment complex at 6937-6943 Kester Avenue in the City of Van Nuys. Subject property consists of two 8-unit buildings with a mix of all 2 Bed/1 Bathroom units totaling 16,252 square feet of rentable space resting on a 22,398 square feet lot. In addition, the property offers two on-site laundry rooms and 16 parking spaces. Furthermore, this property is located in an opportunity zone and within Transit Oriented Communities (Tier 1). This property has been professionally managed for the past 8-9 year.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T00:25:42.17. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/122336472
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6937 Kester Avenue Van Nuys, CA 91405

  • Price: $4,150,000
  • Status: Active Under Contract
  • On Site: 96 Days
  • Updated: 58 min ago
  • MLS #: SR21227108
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1953
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
The Ghobadi Multifamily Investment Team is pleased to present a 16-unit apartment complex at 6937-6943 Kester Avenue in the City of Van Nuys. Subject property consists of two 8-unit buildings with a mix of all 2 Bed/1 Bathroom units totaling 16,252 square feet of rentable space resting on a 22,398 square feet lot. In addition, the property offers two on-site laundry rooms and 16 parking spaces. Furthermore, this property is located in an opportunity zone and within Transit Oriented Communities (Tier 1). This property has been professionally managed for the past 8-9 year.
Exterior Features

Lot Features Landscaped Number Of Separate Electric Meters 16 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 6031 Fuel Expense 1923 Garage YN No Gross Income 300867 Gross Scheduled Income 301344 Insurance Expense 9546 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 12000 Net Operating Income 177419 New Construction YN No Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Operating Expense 123449 Pest Control Expense 400 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 8959 Water Sewer Expense 10000 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T00:25:42.17. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)