Listing Courtesy of: CRMLS / Coldwell Banker Realty / Frank Ponce / Anna Khomut - Contact: 310-503-4158
5236 Kester Avenue 6 Sherman Oaks, CA 91411
Active (1 Days)
$2,900,000
9,409
SQFT
Description
MLS #:
PV25148646
PV25148646
Lot Size
0.29 acres
0.29 acres
Type
Multifamily
Multifamily
Year Built
1964
1964
Style
Contemporary
Contemporary
County
Los Angeles County
Los Angeles County
Listed By
Frank Ponce, DRE #00861049 CA, Coldwell Banker Realty, Contact: 310-503-4158
Anna Khomut, DRE #01962287 CA, Coldwell Banker Realty
Anna Khomut, DRE #01962287 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Jul 10 2025 at 3:37 PM PDT
CRMLS
Last checked Jul 10 2025 at 3:37 PM PDT
Bathroom Details
Interior Features
- Laundry: Common Area
- Dishwasher
- Disposal
- Gas Cooktop
- Gas Oven
- Gas Range
- Refrigerator
Lot Information
- Sprinklers In Front
Property Features
- Fireplace: Family Room
- Foundation: Concrete Perimeter
- Foundation: Slab
- Foundation: Tie Down
Heating and Cooling
- Wall Furnace
- Central Air
- Gas
Flooring
- Laminate
- Vinyl
Exterior Features
- Roof: Asphalt
Utility Information
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Water Source: Public
- Sewer: Public Sewer
Parking
- Asphalt
- Assigned
- Covered
- Gated
- Off Street
- On Site
- Paved
- Private
Additional Information: Palos Verdes Beach Cities | 310-503-4158
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance.
This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort.
From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades.
Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes.
Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.