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6956 Kester Avenue, Van Nuys, CA 91405

Van Nuys
Local realty services provided by:CENTURY 21 Discovery
6956 Kester Avenue,Van Nuys, CA 91405
$4,595,000
  • 37 Beds
  • 37 Baths
  • 20,880 sq. ft.
  • Multi-family
  • Active
Listed by: jeanette monfared
Office: marcus & millichap818-212-2700
MLS#:26859211
Source:CRMLS

Price summary

  • Price:$4,595,000
  • Price per sq. ft.:$220.07

About this home

INCREDIBLE AND HARD TO FIND ASSUMABLE LOAN FOR 65% OF THE PURCHASE PRICE!!!!!!!!!!!!!!!!!!! 3.75% FIXED- $3,000,000 - 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 7.57%; GIM equal to 8.3; 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. Marketing package attached under DOCS.

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Home facts

  • Year built:1965
  • Listing ID #:26859211
  • Added:109 day(s) ago
  • Updated:October 31, 2026 at 12:44 PM

Rooms and interior

  • Bedrooms:37
  • Total bathrooms:37
  • Living area:20,880 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1965
  • Building area:20,880 sq. ft.
  • Lot area:0.54 Acres

Finances and disclosures

  • Price:$4,595,000
  • Price per sq. ft.:$220.07

Parking

  • Total parking spaces:24
  • Parking description:Carport
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