5236 Kester Ave , Sherman Oaks, CA 91411
$2,950,000
Est. Payment: $14,843.93/mo
3 Bed
3 Bath
0 Sqft
Status: active | Days on site: 126
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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 desirewalkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. Its 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 gemgated, private, and exclusivenestled 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

Highlights

Listed by Frank Ponce , 310-503-4158 and Anna Khomut , 310-780-0148 Coldwell Banker Realty , 310-378-5201. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.29

County

Los Angeles

Listing ID

PV25148646

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:
Air Cond:Central Forced Air
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$14,844
Taxes
$1,881

Home Price

$2,950,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$590,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,843.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,843.93 $1,880.63 $0.00 $16,724.56
Yearly $178,127.20 $22,567.50 $0.00 $200,694.70
Total $5,343,816.11 $677,025.00 $0.00 $6,020,841.11

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Sherman Oaks, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-09T02:23:19.000Z

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