$3,175,000
$3,175,000
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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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Bought with Frank Dinari • CRMLS