5003 Kester AVE, Sherman Oaks, CA 91403
5003 Kester AVE, Sherman Oaks, CA 91403
5003 Kester AVE, Sherman Oaks, CA 91403
5
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$1,150,000
Est. payment /mo
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4 Beds
2 Baths
1,624 SqFt
Price Dropped by $50K

5003 Kester AVE Sherman Oaks, CA 91403

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Darren Wade

Darren Wade

+1(559) 312-7467

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 SR26071403

Bedrooms 4

Full Baths 2

Construction Status Fixer

HOA Y/N No

Year Built 1948

Lot Size 6,233 Sqft

Property Sub-Type Duplex

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

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Community Features Curbs

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer

Schools

Elementary Schools Kester

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2263012038

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Simon Mills Mills Realty of California 818-763-4462, DRE #01309436

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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5003 Kester AVE