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5453 Kester Ave, Sherman Oaks, CA 91411

Sale Price: $1,300,000
Jan 20, 20253,474 sqft6 beds5 baths
Listed by: Denise Snanoudj
License #: 01101684
Phone #: 323-646-8866
The Agency
Source:
CRMLS Logo
MLS #: 25485851

Property Description

Welcome to an exceptional investment opportunity in Sherman Oaks! This four-unit apartment building offers outstanding value for investors looking to capitalize on one of Los Angeles' most desirable neighborhoods. The property features a mix of one- and two-bedroom units, all situated in a prime location within this sought-after community.Zoned R3, the property includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, along with three generously-sized one-bedroom, one-bathroom units. Recent capital improvements ensure the building is in excellent condition, with upgrades including new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and low-maintenance artificial turf.Units 1 and 3 have undergone extensive renovations, featuring sleek laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully updated bathrooms with new tile, fixtures, and cabinetry.Building amenities include common area laundry facilities, individually metered gas and electricity, secure entry, a combination of gated and garage parking, plus additional guest parking.Located in a vibrant Sherman Oaks neighborhood, the property offers easy access to premier shopping, dining, and entertainment, as well as quick connections to the 101 and 405 Freeways. Outdoor enthusiasts will appreciate the proximity to nearby parks, including Lake Balboa Park, which will host events during the 2028 LA Olympics.With consistently strong demand for one-bedroom units, this property ensures stable rental income and long-term profitability. Its ideal location and well-maintained condition make it a rare, turn-key investment opportunity in one of LA's most dynamic and resilient real estate markets. This is the perfect opportunity for investors seeking long-term wealth preservation and reliable returns.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

TurboHome Savings

$35,274

TurboHome Estimated Value

$1,850,800

$533 sqft

High Valuation
$1,943,340
$559/sqft
Normal Valuation
$1,850,800
$533/sqft
Low Valuation
$1,758,260
$506/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$533/sqft$1,850,800

Neighborhood: Van Nuys

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Comparative Value

$1.30M

$1.57M

$1.81M

$2.03M

$2.39M

5453 Kester Ave, Sherman Oaks, CA 91411

Sale Price: $1,300,000

Selected Comparable

5453 Kester Ave, Sherman Oaks, CA 91411

List Price: $1,350,000

Subject Property

6654 Kester Ave, Van Nuys, CA 91405

Sale Price: $1,575,000

Selected Comparable

14807 Otsego St, Sherman Oaks, CA 91403

Sale Price: $1,811,250

Selected Comparable

5721 Lemona Ave, Sherman Oaks, CA 91411

Sale Price: $2,030,000

Selected Comparable

4528 Cedros Ave, Sherman Oaks, CA 91403

Sale Price: $2,390,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5453 Kester Ave, Sherman Oaks, CA 91411

5453 Kester Ave, Sherman Oaks, CA 91411

List: $1,350,000

Listed: 1/20/2025

Area:3,474 sqft
Price/sqft:$389
Beds:6
Baths:5
Year Built:
Lot Size:4,290

Comparable Properties

COMPARABLE
Choose comps
5453 Kester Ave, Sherman Oaks, CA 91411

5453 Kester Ave, Sherman Oaks, CA 91411

Sale: $1,300,000

3/7/20250.00 mi

Area:3,474 sqft
Price/sqft:$374
Beds:6
Baths:5
Year Built:
Weight:26.0%
14807 Otsego St, Sherman Oaks, CA 91403

14807 Otsego St, Sherman Oaks, CA 91403

Sale: $1,811,250

7/8/20250.47 mi

Area:3,298 sqft
Price/sqft:$549
Beds:5
Baths:5
Year Built:
Weight:21.2%
6654 Kester Ave, Van Nuys, CA 91405

6654 Kester Ave, Van Nuys, CA 91405

Sale: $1,575,000

3/28/20251.54 mi

Area:3,287 sqft
Price/sqft:$479
Beds:7
Baths:5
Year Built:
Weight:18.0%
5721 Lemona Ave, Sherman Oaks, CA 91411

5721 Lemona Ave, Sherman Oaks, CA 91411

Sale: $2,030,000

7/17/20250.35 mi

Area:3,079 sqft
Price/sqft:$659
Beds:5
Baths:4
Year Built:
Weight:17.6%
4528 Cedros Ave, Sherman Oaks, CA 91403

4528 Cedros Ave, Sherman Oaks, CA 91403

Sale: $2,390,000

6/6/20251.14 mi

Area:4,127 sqft
Price/sqft:$579
Beds:5
Baths:5
Year Built:
Weight:17.2%

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