Van Nuys, CA 91405,6937 Kester AVE

$3,900,000

$4,150,000

6.0%
Est.Price: ?

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Est. payment /mo

0.51 Acres Lot


SOLD DATE : 05/17/2022

Key Details

Sold Price $3,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR21227108

Sold Date 05/17/22

HOA Y/N No

Year Built 1953

Lot Size 0.514 Acres

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.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARD1.5

Interior

Fireplace No

Laundry CommonArea

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer PublicSewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Energy Description 1923.0

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Reza Ghobadi • Reza Ghobadi
Bought with Reza Ghobadi • Reza Ghobadi
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