14
See all 14 photos
$4,595,000
Est. payment /mo
37 Beds
37 Baths
20,880 SqFt
Price Dropped by $205K
6956 Kester AVE Van Nuys, CA 91405
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 20,880 sqft
Price per Sqft $220
MLS Listing ID 26859211
Bedrooms 37
HOA Y/N No
Year Built 1965
Lot Size 0.541 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 24
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2219016038
Special Listing Condition Standard
Listed by Jeanette Monfared Marcus & Millichap #00765098
NEARBY SCHOOL & BUSINESS
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