Courtesy of: Cynthia Burts, Burts & Associates, cynthiaburts11@gmail.com
Courtesy of: Cynthia Burts, Burts & Associates, cynthiaburts11@gmail.com
$1,800,000
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6 bed
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5.00 Bath (5 Full Bath)
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Lot: 7,159.00 Square Feet
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Apartment
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$1,800,000
5660 Kester Avenue 5660-5662 Kester Avenue Located in Sherman Oaks is an Excellent Value-Add Opportunity for Your Investors or 1031 Tax Exchange Buyers. This Opportunity has a Substantial Upside in Rents and the Addition of (4) ADU Units. The Property is a Well-maintained 5-unit building that consists of (4) One-Bedroom Units and (1) Two-Bedroom Unit with separate entrances for each unit. This Property Includes a Detached Second Garage Structure that is Currently a 5 Car Garage with Storage that can be Converted into (4) Additional ADUs that will Increase the Monthly Income by $10, 000 a month. Each Unit has (1) Garage parking space with alley access for easy ingress and egress. The Building includes a Shared Laundry room for all the Tenants. No Seismic Retrofit is Required. The Building has Copper Plumbing Throughout with New Exterior Paint and Windows. The Property is Professionally Landscaped and Maintained. The Buildings are Well Maintained and Professionally Managed.
Courtesy of: Cynthia Burts, Burts & Associates, cynthiaburts11@gmail.com
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