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5453 Kester Ave, Sherman Oaks, CA, 91411

$1,399,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Baths
3,474 SqFt
$403/SqFt
House

Location

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5453 Kester Ave, Los Angeles$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered, Guest, Side By Side
Year Built1961
HeatingForced Air
MLS #24420811
Lot Size0.10 Acres
StatusActive

About 5453 Kester Ave

Welcome to a premier investment opportunity in Sherman Oaks! This attractive four-unit apartment building offers remarkable value for investors. Nestled in the sought-after Sherman Oaks area, the property features a blend of one and two-bedroom apartments. Zoned R3, it includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, alongside three generously-sized one-bedroom, one-bathroom units.Recent capital improvements ensure the building's excellent condition, with updates such as new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and artificial turf. Units 1 and 3 have been extensively renovated, featuring new laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully renovated bathrooms with new tile, fixtures, and cabinets.Building amenities include common area laundry facilities, individually metered gas and electricity, secured entry, a combination of gated and garage parking, and additional onsite guest parking.Situated in a vibrant Sherman Oaks neighborhood, this property is close to excellent shopping, fine dining, and entertainment options. Its ideal location offers easy access to the 101 and 405 Freeways, enhancing connectivity to surrounding areas. Outdoor enthusiasts will enjoy the nearby parks, including Lake Balboa Park, which will be a venue for the 2028 LA Olympics.The consistently high demand for one-bedroom units ensures stable rental income, making this property a reliable and profitable investment. With its excellent location and appealing neighborhood, this turn-key asset provides a rare opportunity in one of LA's most dynamic and stable markets, ideal for investors seeking long-term wealth preservation and consistent returns.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 0
  • Living Area: 3,474 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 230-3700
  • Listing Agent: Denise Snanoudj

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Covered, Guest, Side By Side

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Kester Ave between Magnolia and Burbank.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $403/SqFt

Tax Information:

  • Annual Amount: $1,413
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5453 Kester Ave vs Los Angeles

115 DAYS ON ROCKET

+77 Days

$1,399,000

+$375.5K More

$403/SqFt

-$238 Less

KEY TAKEAWAY

This property is $375.5K more than the Median Sold Price and $238/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24420811

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 230-3700
  • Listing Agent: Denise Snanoudj

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,413$85,576
2020$1,377$84,699
2019$1,311$83,039
2018$1,286$81,411
2017$1,286$79,816

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-707010
7
/10

  • Kester Elementary / Magnet

  • 5353 Kester Ave

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-707011
3
/10

  • Sylvan Park Elementary

  • 6238 Noble Ave

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-707012
7
/10

  • Chandler Learning Academy

  • 14030 Weddington St

  • 1.13 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,838. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5453 Kester Ave

What is the listing price of this property?

The listing price of 5453 Kester Ave property is $1,399,000.

What type of property is this?

The property 5453 Kester Ave is a house located in Sherman Oaks, California, 91411.

Is this property for sale now?

Active Listing: 5453 Kester Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,413 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5453 Kester Ave has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 5453 Kester Ave is 3,474 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5453 Kester Ave is 1961.

Rocket Homes›California›Los Angeles County›Los Angeles›91411›5453 Kester Ave

This home is located at 5453 Kester Ave in Sherman Oaks, CA and zip code 91411 in the The San Fernando Valley neighborhood. This 3,474 square foot home, which was built in 1961, sits on a 0.10 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,399,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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