Property Description
Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating, copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$20,412
TurboHome Estimated Value
$1,505,400
$333 sqft
High Valuation
$1,580,670
$350/sqft
Normal Valuation
$1,505,400
$333/sqft
Low Valuation
$1,430,130
$316/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $333/sqft | $1,505,400 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Van Nuys
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Comparative Value
$1.10M
$1.46M
$1.60M
$1.65M
14248 Gilmore St, Van Nuys, CA 91401
Sale Price: $1,100,000
Selected Comparable
14222 Sylvan St, Van Nuys, CA 91401
Sale Price: $1,126,000
Selected Comparable
5551 Mammoth Ave, Sherman Oaks, CA 91401
Sale Price: $1,460,000
Selected Comparable
5640 Kester Ave, Van Nuys, CA 91411
Sale Price: $1,600,000
Selected Comparable
5640 Kester Ave, Van Nuys, CA 91411
List Price: $1,650,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT5640 Kester Ave, Van Nuys, CA 91411
List: $1,650,000
Listed: 11/27/2024
Area:4,520 sqft
Price/sqft:$365
Beds:8
Baths:6
Year Built:—
Lot Size:9,307
Comparable Properties
COMPARABLEChoose comps
5640 Kester Ave, Van Nuys, CA 91411
Sale: $1,600,000
4/4/2025 • 0.00 mi
Area:4,520 sqft
Price/sqft:$354
Beds:8
Baths:6
Year Built:—
Weight:34.3%
14222 Sylvan St, Van Nuys, CA 91401
Sale: $1,126,000
6/23/2025 • 1.11 mi
Area:5,047 sqft
Price/sqft:$223
Beds:7
Baths:6
Year Built:—
Weight:24.4%
5551 Mammoth Ave, Sherman Oaks, CA 91401
Sale: $1,460,000
5/20/2025 • 1.41 mi
Area:4,243 sqft
Price/sqft:$344
Beds:9
Baths:5
Year Built:—
Weight:20.8%
14248 Gilmore St, Van Nuys, CA 91401
Sale: $1,100,000
5/12/2025 • 1.23 mi
Area:4,931 sqft
Price/sqft:$223
Beds:9
Baths:7
Year Built:—
Weight:20.5%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
5640 Kester Ave, Van Nuys, CA 91411 | $1,650,000 | 4,520 | $365 | 9,307 | — | 11/27/2024 | 8 | 6 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
5640 Kester Ave, Van Nuys, CA 91411 | $1,600,000 | 4,520 | $354 | 9,307 | 0.00 mi | 4/4/2025 | 8 | 6 | — | 34.3% | |
14222 Sylvan St, Van Nuys, CA 91401 | $1,126,000 | 5,047 | $223 | 8,753 | 1.11 mi | 6/23/2025 | 7 | 6 | — | 24.4% | |
5551 Mammoth Ave, Sherman Oaks, CA 91401 | $1,460,000 | 4,243 | $344 | 8,431 | 1.41 mi | 5/20/2025 | 9 | 5 | — | 20.8% | |
14248 Gilmore St, Van Nuys, CA 91401 | $1,100,000 | 4,931 | $223 | 7,500 | 1.23 mi | 5/12/2025 | 9 | 7 | — | 20.5% |
How it Works
1
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We match you with an in-house licensed real estate agent who knows your market
2
We support your home-selling journey
Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
