MLS® ID: SR19168407
5456 Kester Avenue
Sherman Oaks, California, 91411 $1,125,000
Rare find! Welcome to this multi-unit duplex property in one of the most desired neighborhoods in Sherman Oaks. Excellent returns on your investment with a GRM of 14.9 and CAP Rate of 5 with almost $77,000 in rental income annually. 5456 Kester Ave is the main unit located in the rear which consists of 2 Beds 2 Baths & approx. 1,400 sq ft. This sleek unit has been recently remodeled with a brand new kitchen, quarts counter tops, SS appliances, self-close cabinets, recessed lighting, remodeled bathrooms, & central A/C. There is also a large bonus area that can be walled off & created into a 3rd bedroom. Additional amenities for this unit are indoor & outdoor fireplaces, a secured private patio area with a sparkling in-ground spa, outdoor entertaining area with lush landscaping, & a 2-car garage with direct access. 5454 Kester Ave is located in the front which consists of 2 Beds 1 Bath & approx. 1,000 sq ft. You are welcomed by an open floor plan, wood flooring, & a cozy fireplace. The kitchen flows into your formal dining area which opens to your family room. There are washer/dryers in both units as well. This duplex is perfect for investors who want an excellent return rate, someone who lives in one & rents out the other, or a family who has elderly parents or young adults that would like their own space but still be close by. Surrounded by award winning schools, Sherman Oaks Galleria, Ventura Blvd, & 405/101 fwys. Financial Summary and Marketing Package avail upon request.