6956 Kester Avenue, Van Nuys, California 91405
$4,595,000
- Property Type
- Residential Income
- Bedrooms
- 37
- Bathrooms
- 37
- Square Feet
- 20,880 sqft
- City
- Van Nuys
- Status
- Active
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.
About
Listed by Jeanette Monfared with Marcus & Millichap
Quick Facts
MLS Property Type
Residential Income
Status
Active
MLS Number
26859211
Year Built
1965
Units
24
Lot Size
0.54 acres
Location
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Details
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