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5003 Kester AVE Sherman Oaks, CA 91403
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,624 sqft
Price per Sqft $646
MLS Listing ID SR26071403
Bedrooms 4
Full Baths 2
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
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
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
Building
Lot Description Corner Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Kester
School District Los Angeles Unified
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Dario Svidler Keller Williams Beverly Hills
NEARBY SCHOOLS & BUSINESSES
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