Property Detail

6956 Kester

Van Nuys CA 91405

$4,800,000

Status: Active

Property Details

Description

ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Marketing package attached under DOCS. 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 7.72%; GIM equal to 8.7; 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

Map Location

Listing provided courtesy of Jeanette Monfared of Marcus & Millichap. Last updated 2026-08-11 08:11:02.000000. Listing information © 2026 CRMLS.

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