5236 Kester Avenue #6, Sherman Oaks, CA 91411
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5236 Kester Avenue #6,Sherman Oaks, CA 91411
$2,950,000
- - Beds
- - Baths
- 9,409 sq. ft.
- Multi-family
- Active
Listed by: frank ponce, anna khomut
Office: coldwell banker realty310-378-5201
MLS#:PV25148646
Source:CRMLS
Price summary
- Price:$2,950,000
- Price per sq. ft.:$313.53
About this home
Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire-walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It's a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem-gated, private, and exclusive-nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort. From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades. Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes. Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio....
Contact an agent
Home facts
- Year built:1964
- Listing ID #:PV25148646
- Added:415 day(s) ago
- Updated:August 29, 2026 at 10:55 AM
Rooms and interior
- Flooring:Laminate, Vinyl
- Kitchen Description:Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Refrigerator
- Living area:9,409 sq. ft.
Heating and cooling
- Cooling:Central Air, Gas
- Heating:Wall Furnance
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1964
- Building area:9,409 sq. ft.
- Lot area:0.29 Acres
- Architectural Style:Contemporary
- Construction Materials:Asphalt, Concrete, Stucco
- Foundation Description:Concrete Perimenter, Slab, Tie Down
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,950,000
- Price per sq. ft.:$313.53
Features and amenities
- Appliances:Dishwasher, Disposal
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:6
- Parking description:Asphalt, Assigned, Covered, Gated, Off Street, On Site, Paved, Private
- Garage:Yes
- Garage spaces:6
New listings near 5236 Kester Avenue #6
- Coming Soon
$1,999,000Coming Soon4 beds 3 baths2,400 sq. ft.4656 Greenbush, Sherman Oaks, CA 91423
MLS# PW26186224Listed by: T.N.G. REAL ESTATE CONSULTANTS - Coming Soon
$3,950,000Coming Soon5 beds 6 baths4,239 sq. ft.4514 Cedros Avenue, Sherman Oaks, CA 91403
MLS# 26865627Listed by: MGB REALTY GROUP - New
$1,200,000Active2 beds 2 baths1,120 sq. ft.4612 Saloma Avenue, Los Angeles, CA 91403
MLS# 26907963Listed by: COLDWELL BANKER REALTY - New
$2,199,999Active-- beds -- baths3,126 sq. ft.4335 Sunnyslope, Sherman Oaks, CA 91423
MLS# SR26188990Listed by: BRANDOLINO GROUP - Open Sun, 12 to 3pmNew
$485,000Active1 beds 1 baths925 sq. ft.4700 Natick #204, Sherman Oaks, CA 91403
MLS# SB26189130Listed by: COMPASS - Open Sun, 2 to 5pmNew
$1,675,000Active3 beds 2 baths1,741 sq. ft.4718 Columbus Avenue, Sherman Oaks, CA 91403
MLS# 26893593Listed by: CAROLWOOD ESTATES - Open Sun, 2 to 5pmNew
$1,899,000Active3 beds 2 baths1,731 sq. ft.14018 Valley Vista Boulevard, Sherman Oaks, CA 91423
MLS# 26873819Listed by: EQUITY UNION - Open Sun, 2 to 5pmNew
$1,599,000Active3 beds 2 baths2,095 sq. ft.13155 Margate Street, Sherman Oaks, CA 91401
MLS# 26884595Listed by: COMPASS - Open Sun, 1 to 4pmNew
$2,745,000Active5 beds 5 baths3,145 sq. ft.5316 Lennox Avenue, Sherman Oaks, CA 91401
MLS# 26897069Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - Open Sat, 2 to 5pmNew
$1,475,000Active3 beds 2 baths1,402 sq. ft.3351 Coy, Sherman Oaks, CA 91423
MLS# SR26184179Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES