5003 Kester Avenue, Sherman Oaks, CA 91403
List Price: $1.15M
Listing Status: Active
Original List Price: $1.2M
0Days on Market: 35
4 Bedrooms · 2 Bathrooms · 1,624 sq ft
Property Type: Residential
Year Built: 1948
Lot Size: 6,232 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: SR26071403
About This Property
Excellent development opportunity in prime Sherman Oaks, north of the boulevard, situated on a flat corner lot in a highly desirable residential neighborhood close to Ventura Blvd shopping, dining, amenities and Kester Elementary. Currently improved with a duplex consisting of a 3 bed, 1 bath unit (1,184 SF) that is tenant occupied and a 1 bed, 1 bath unit (440 SF) with fire damage, this property is being sold for land value with the buyer to inherit the existing tenant. Zoned LAR3, the site offers strong potential for redevelopment, ideal for a developer, builder, or end user looking to construct a custom dream home or explore multi-unit possibilities. All utilities are already on site, providing a streamlined path for future development. Rare chance to secure a well-located parcel with significant upside in one of the Valley’s most sought-after communities.
Listing provided by: Simon Mills DRE #01309436 818-763-4462 Simon@MillsRealty.com, Mills Realty of California
Source: CRMLS, MLS #: SR26071403
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.