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$3,780,000   Price Analysis
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7359 Kester Ave
Van Nuys, CA 91405
18 bed 18 bath 10,052 SqFt ($376/SqFt)
9,606SqFt lot. Built 2017
Listed 2024-05-31, Taxes $41,372
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Presenting a newer construction income property

Six-units townhouse-style apartment building in the heart of Van Nuys. Ths prime investment currently has one unit available for lease or possibly for an owner user. Each townhouse features a thoughtfully designed three-level floor plan, including three vast bedrooms, two full bathrooms and a guest bathroom.

The open-concept kitchen, dining and living areas are complemented by a cozy fireplace and an in-unit laundry area for added convenience. Tenants will appreciate the individual private garages, offering secure and easy parking. Each unit is separately metered for gas, water and electricity. Don't miss out on this nearly fully occupied investme nt opportunity in a desirable location with potential upside.


Presented by Shah Noorvash at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #24-396727 from TheMLSCLAW

Bedrooms: 18

Total Bathrooms: 18
Full Bathrooms: 18

Laundry Facilities: In Unit, Inside, Laundry Area
Laundry Features: In Unit, Inside, Laundry Area

Cooling Features: Central
Heating Features: Central

Lot Size Acres: 0.2205234
Lot Size Dimensions: 100x118
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9606

Garage Spaces: 2
Garage Description: Attached, Assigned, Covered Parking, Direct Entrance, Garage - 2 Car, Private Garage

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 6
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2.5, 1 SquareFeet: 3800, 2 BedsTotal: 3, 2 BathsTotal: 2.5, 2 SquareFeet: 3800, 3 BedsTotal: 3, 3 BathsTotal: 2.5, 3 SquareFeet: 3800, 4 BedsTotal: 3, 4 BathsTotal: 2.5, 4 SquareFeet: 3800, 5 BedsTotal: 3, 5 BathsTotal: 2.5, 5 SquareFeet: 3800, 6 BedsTotal: 3, 6 BathsTotal: 2.5, 6 SquareFeet: 3800

Source Listing Status: Active
County: Los Angeles
Directions: From the 405 Freeway, exit onto Sherman Way and head east. Turn left onto Kester Ave. Continue straight, and the property will be on your left.
Source Property Type: Residential Income
Area: East Van Nuys
Source Neighborhood: East Van Nuys
Parcel Number: 2221-013-026
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,527,887 + $1,876,353
$3,404,240
$41,372
2021$1,497,929 + $1,839,562
$3,337,491
$40,841
2020$1,482,570 + $1,820,700
$3,303,270
$41,250
2019$1,453,500 + $1,785,000
$3,238,500
$39,292
2018$1,425,000 + $1,750,000
$3,175,000
$38,388
2017$unknown + $458,989
$458,989
$5,731
2016$unknown + $450,000
$450,000
$5,704
2015$107,600 + $342,400
$450,000
$5,775
2014$43,213 + $71,303
$114,516
$1,820
2013$43,018 + $70,981
$113,999
$1,820
2012$42,175 + $69,590
$111,765
$1,841
2010$41,349 + $68,226
$109,575
$1,814
2009$41,138 + $67,878
$109,016
$1,760
2009$41,040 + $67,717
$108,757
$1,760
2008$40,332 + $66,548
$106,880
$1,701
2007$39,542 + $65,244
$104,786
$1,651

Listed 2024-05-31
$3,780,000
TheMLSCLAW
Listing removed 2018-10-19
$600,000
CRISNET
Listing removed 2017-07-14
$3,350,000
TheMLSCLAW
Sold 2017-07-13
$3,175,000
Public Record
Listed 2017-03-31
$3,350,000
TheMLSCLAW
Sold 2014-07-16
$450,000
Public Record
Listing removed 2008-03-11
$600,000
CRISNET
Listed 2007-12-11
$600,000
CRISNET
Sold 1978-05-15
$61,900
Public Record

Net Operating Income: 152640

Total Square Feet Living: 10052
Year Built: 2017
Levels: Multi Levels, Two Level
Living Area Source: Vendor Enhanced
Property Age: 7
Levels or Stories: 2
Building Total Stories: 2
House Style: Contemporary
Year Built Source: Vendor Enhanced
Architectural Style: Contemporary

Other Equipment: Garbage Disposal, Freezer, Microwave, Electric Dryer Hookup, Refrigerator, Range/Oven, Dishwasher

Robert Fulton College Preparatory School is a public middle and high school located approximately 0.2 miles away.
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Valerio Street Elementary School is a public elementary school located approximately 0.2 miles away.
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St Elisabeth School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.