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Listed by Simon Mills, DRE #01309436 • Mills Realty of California
$ 1,150,000
Est. payment /mo
Price Dropped by $50K
5003 Kester AVE Sherman Oaks, CA 91403
4 Beds
2 Baths
1,624 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,624 sqft
Price per Sqft $708
MLS Listing ID CRSR26071403
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1948
Lot Size 6,232 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Excellent development opportunity in prime Sherman Oaks, north of the boulevard, situated on a flat corner lot in a highly desirable residential neighborhood close to Ventura Blvd shopping, dining, amenities and Kester Elementary. Currently improved with a duplex consisting of a 3 bed, 1 bath unit (1,184 SF) that is tenant occupied and a 1 bed, 1 bath unit (440 SF) with fire damage, this property is being sold for land value with the buyer to inherit the existing tenant. Zoned LAR3, the site offers strong potential for redevelopment, ideal for a developer, builder, or end user looking to construct a custom dream home or explore multi-unit possibilities. All utilities are already on site, providing a streamlined path for future development. Rare chance to secure a well-located parcel with significant upside in one of the Valley's most sought-after communities.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 1.0
Fence Wood
Pool None
View None
Roof Type Composition
Building
Story One Story
Water District - Public
Architectural Style Traditional
Others
Tax ID 2263012038
Special Listing Condition Not Applicable
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