6461 Kester - SALE PENDING

 

6461 Kester Ave. | Van Nuys, California | 91411

$2,800,000

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ABOUT

  • Property Type: Multifamily Apartments
  • Units: 15
  • Unit Mix: (3) Singles, (12) 1+1’s
  • Rentable Area: 9,545 Sq Ft
  • Land Area: 16,000 Sq Ft
  • Parking: 15 Spaces
  • Parcel Info: 2235-018-004 | Zoning: LARD1.5
  • Built: 1961

AGENT

 

ADDITIONAL INFORMATION

  • Ideal Unit Mix - Most of the building is comprised of 1+1 units. Three of the 15 units are singles
  • Centralized Valley - Location 1 block north of Victory Blvd, 3 blocks south of Vanowen St. Minutes away from the Van Nuys Airport, the Van Nuys DMV and Balboa Park
  • On-site Amenities - Gated entry, parking near the front and more behind the building, on-site laundry, courtyards and a swimming pool
  • Strong Rental Market - The Van Nuys rental market experienced almost a 10% rent growth in 2016 and continues to be a stable market
  • Value-add Potential - Up to 40% upside in rents based on future upgrades and turnover

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