6956 Kester Ave, Van Nuys, CA 91405

$4,800,000
37
BD
37
BA
20,880
SqFt

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List Price
$4,800,000
MLS#
26859211
Status
ACTIVE
Type
Multifamily
Bedrooms
37
Bathrooms
37
Living Area
20,880

Property Description

ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 - 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 7.72%; GIM equal to 8.7; 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

Additional Information

Year Built
1965
Garage
Carport

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Jeanette Monfared.

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