Listing Agent: Simon Mills Broker/Office: Mills Realty of California
5003 Kester Avenue Sherman Oaks CA 91403
$ 1,200,000
4
| 2
| 1624 Sq Feet
Listing ID
#SR26071403
Status
Active
Property Type
Duplex
Property Style
Traditional
County
Los Angeles
Year Built
1948
Days on website
2
Description
Excellent development opportunity in prime Sherman Oaks, north of the boulevard, situated on a flat corner lot in a highly desirable residential neighborhood close to Ventura Blvd shopping, dining, and amenities. Currently improved with a duplex consisting of a 3 bed, 1 bath unit (1,184 SF) that is tenant occupied and a 1 bed, 1 bath unit (440 SF) with fire damage, this property is being sold for land value with the buyer to inherit the existing tenant. Zoned R3, the site offers strong potential for redevelopment, ideal for a developer, builder, or end user looking to construct a custom dream home or explore multi-unit possibilities. All utilities are already on site, providing a streamlined path for future development. Rare chance to secure a well-located parcel with significant upside in one of the Valley’s most sought-after communities.
Location
Financial Information
List Price:
$ 1200000
Property Features
Community Features:
Curbs
Construction Materials:
Stucco
Electric:
Standard
Fencing:
Wood
High School District:
Los Angeles Unified
Levels:
One
Parking Features:
Garage
Property Condition:
Fixer
Road Surface Type:
Paved
Roof:
Composition
Senior Community YN:
false
Structure Type:
Duplex
Water Source:
Public
High School District:
Los Angeles Unified
MLS Area Major:
SO - Sherman Oaks
City:
Sherman Oaks
Senior Community YN:
false
Listed By:
Simon Mills
Mills Realty of California
CA Lic#
CA Lic#