Van Nuys, CA 91405,7327 Kester AVE
Van Nuys, CA 91405,7327 Kester AVE
Van Nuys, CA 91405,7327 Kester AVE
Van Nuys, CA 91405,7327 Kester AVE
Van Nuys, CA 91405,7327 Kester AVE
Van Nuys, CA 91405,7327 Kester AVE
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$3,175,000

$3,175,000

Est.Price: ?

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Est. payment /mo

10,018 Sqft Lot


SOLD DATE : 10/17/2019

Key Details

Sold Price $3,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB19074202

Sold Date 10/17/19

Construction Status Turnkey

HOA Y/N No

Year Built 2019

Lot Size 10,018 Sqft

Property Description

5 out of 6 units rented in 2 weeks to phenomenal tenants with stellar credit!!! This building will be delivered FULLY OCCUPIED with a real 5.54% cap rate!!! Make a sky high return without lifting a finger! 7327 Kester is made up of two triplexes containing a total of 6 side-by-side “townhome style” units with private garages & individual walk ups. Enjoy NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, a 1 year fit-and-finish warranty, microscopic vacancy rate, & the ease of owning a hassle-free 2019 construction!

The property is made up of four 4 bedroom, 3 1/2 bathroom units and two 4 bedroom, 3 1/2 bathroom units, all containing spacious & open floorplans, top-of-the-line kitchens, beautifully designed bathrooms, high quality flooring & large balconies off the living rooms. This property is without a doubt the nicest new addition to the rental market in the area. Nearby you’ll find large complexes such as IMT Sherman Circle with asking rents for 3 bedrooms of $4,000+.

These units are conveniently located walking distance to countless restaurants, grocery stores, schools and shops including Starbucks, The Plant Shopping Center, The Habit Burger Grill, Jon’s Marketplace and much more.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARD1.5

Rooms

Other Rooms Storage

Interior

Interior Features Balcony, Open Floorplan, Recessed Lighting, Storage

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 11.0

Garage Description 11.0

Fence Excellent Condition

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Flat

Accessibility Accessible Approach with Ramp

Total Parking Spaces 13

Private Pool No

Building

Lot Description Back Yard, Landscaped, Street Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

Additional Building Storage

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 2221014008

Acceptable Financing Submit

Listing Terms Submit

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Elizabeth Maddox • The 2-4 Unit Specialists
Bought with Frank Dinari • CRMLS
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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