Frank Ponce
This listing was posted on RealtyWW.
$3,495,000
Home For Sale In Sherman Oaks, California
Price:
$3,495,000
BR/BA:
10+ BR, 10+ BA
Location:
5236 Kester Ave, Sherman Oaks, CA
Description:
This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California.For more details: https://realtyww.info/homes_sherman-oaks-d51653/for-sale_i70454766
Property Type:
Single-Family Houses
Amenities:
AC, Fireplace, Gated, Wood Floors
Posted:
April 10 on RealtyWW
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