We are pleased to present 4913 Kester Avenue, a 4-unit multifamily asset in the much sought-after Sherman Oaks neighborhood of the San Fernando Valley. Built in 1954, this property is not on the Los Angeles seismic retrofit list (Buyer to verify) and instead provides tenants with abundant parking, with each unit granted a private garage plus an open tandem space. Because the asset contains four units, a new owner may explore the possibility of residential financing, which could allow for a lower down payment.Landlord-owned on-site laundry facilities provide extra income to the new owner, while deferred maintenance should be limited given the current owner's careful maintenance of the property. The building's exterior was fully repainted and landscaping was recently updated, adding to the property's curb appeal. By virtue of its location and the ease with which it can be managed, 4913 Kester Avenue will make a welcome addition to any investor's portfolio.
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Listing Courtesy ofMarcus & Millichap