$1,210,000
$1,239,500
2.4%For more information regarding the value of a property, please contact us for a free consultation.
5456 Kester AVE Sherman Oaks, CA 91411
6,000 Sqft Lot
Key Details
Sold Price $1,210,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CNSR21093156
Style Ranch
Year Built 1949
Lot Size 6,000 Sqft
Property Description
This amazing legal duplex; two homes on a large 6,000 sq ft lot with almost 2,400 sq ft of living space. High Income property with over $70,700. in annual rental income. This is a 17.5 GRM, Cap rate of 4.6, good for the Sherman Oaks area. 5454 & 5456 Kester ave. Located in prime neighborhood of Sherman Oaks within walking distance to sought after and highly-rated Kester ave Elementary School and close to Ventura blvd and all it offers. Outstanding investment with solid rental income, perfect for turn-key investment or live in one house and have second house pay your mortgage, or a family compound with an in-law unit. Main house is fully remodeled and has 3 bedrooms and 2 bathrooms. House has in ground spa, living room with fireplace plus newer kitchen, soft close cabinets, quartz countertops, & stainless steel appliances, central HVAC, plus nest, hardwood floors, recessed lights, and 2 car garage with alley access. You will enjoy the large private landscaped yard with spa! Perfect for gardening, children playing, or entertaining family and friends. Second home located in front with 2 bedrooms and one bathroom with own separate laundry in-unit washer and dryer. Property qualifies for owner occupied or investment financing. Please do not disturb
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Interior
Cooling Central AC
Flooring Laminate
Laundry Gas Hookup, In Kitchen, 30
Exterior
Garage Spaces 2.0
Pool None, Spa - Private
View None
Roof Type Shingle
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Special Listing Condition Not Applicable
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 MLSListings Inc. All rights reserved.
Bought with Rachael Hughel