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6451 Kester Ave
Van Nuys, CA 91411 Van Nuys

Price Upon Request

Apartments For Sale  •  13,668 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,668 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1988
  • Zoning RD 1.5
56 Transit Score
81 Walk Score

Highlights

14-unit value-add property located in Van Nuys, a suburban community in the San Fernando Valley.
Built in 1988, this property is not subject to the LA Rent Stabilization Ordinance (“RSO”), permitting annual rent inc. of ~5% + CPI (AB 1482)
Strategic interior and exterior renovations provide the opportunity for a subsequent buyer to capture a 10% loss-to-lease on rents
All units feature distinctive townhome-style layouts with private patios, commanding rent premiums compared to similar properties in the area
Close proximity to major employment hubs at Warner Center and Universal City, with convenient access to the 405 and 101 fwys and the Metro Orange Line

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Pantry
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.6 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 7.6 mi
AirportDriveWalkDistance
Bob Hope 12 min - 6.7 mi
Los Angeles International 28 min - 20.2 mi