Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

28

Building size

31,236 sqft

Lot size

28,724 sqft

Year built

1996

Stories

2

Heating

Central

Cooling

Central Air

Status

Active

Days on market

0

MLS #

248668379

About this property

Behind a quiet, tree-lined facade on Kester Avenue, 4630 Kester Ave pairs resort-style living with everyday ease in the heart of Sherman Oaks. The Appel Group, with Equity Union Commercial, is pleased to present this 28-unit multifamily offering of six three-bedroom, ten two-bedroom, and twelve one-bedroom residences, with select units featuring hardwood floors, gas ranges, fireplaces, vaulted ceilings, central air and heat, and private patios or balconies filled with natural light. Built new in 1996 after the original building was completely torn down, the property is all new construction with a newer, more contemporary profile than the 1960s and 1970s walk-ups that define much of the surrounding submarket. The building spans 31,236 square feet on a 28,805 square foot lot, and its amenities read like a private club: a swimming pool and spa/jacuzzi, a fitness/weight room and recreation room, an elevator with secure entry, private storage rooms, community laundry, professionally landscaped grounds, secure gated subterranean parking with guest parking, and door-to-door trash pickup.Step outside and the neighborhood takes over. With an 82 Walk Score at Ventura Boulevard and Kester Avenue, dinner at Bacari Sherman Oaks, Mizlala, or Daisy Margarita Bar is a short stroll, with Sherman Oaks Plaza and La Reina Shopping Center moments away. The 101 and 405 freeways are close at hand, connecting residents to employment centers across the San Fernando Valley and the Westside.Elegant in design and generous in amenity, 4630 Kester Ave is more than a multifamily investment. It is a well-appointed Sherman Oaks address positioned to deliver durable resident demand and meaningful long-term value.

Location

4630 Kester Avenue

Sherman Oaks, Los Angeles, CA, 91403