6956 Kester Ave, Van Nuys, CA 91405
6956 Kester Ave, Van Nuys, CA 91405
6956 Kester Ave, Van Nuys, CA 91405
14
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$4,595,000
Est. payment /mo
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37 Beds
37 Baths
20,880 SqFt
Price Dropped by $205K

6956 Kester Ave Van Nuys, CA 91405

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 20,880 sqft

Price per Sqft $220

MLS Listing ID 26859211

Bedrooms 37

Year Built 1965

Lot Size 0.541 Acres

Acres 0.5415

Property Sub-Type Multi-Family

Property Description

INCREDIBLE AND HARD TO FIND ASSUMABLE LOAN FOR 65% OF THE PURCHASE PRICE!!!!!!!!!!!!!!!!!!! 3.75% FIXED- $3,000,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.57%; GIM equal to 8.3; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces. Marketing package attached under DOCS.

Location

State CA

County Los Angeles

Area East Van Nuys

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Built-Ins

Exterior

Parking Features Carport

Garage Spaces 24.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent RE.S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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6956 Kester Ave