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    7239 Kester Avenue

    Van Nuys, CA 91405
    • $550,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: SR20264685
    $550,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to represent 7239 Kester which is located in Van Nuys. Kester is an excellent+-property for an owner/builder/developer. Per the city of LA zoning, a new Junior ADU potentially can be added on the lot and the garage potentially can be converted to an ADU as well for additional revenue.+-Potential rental income after ADU additions can be $60,000 annually. Proforma GRM will be 9.1 and proforma CAP will be 8.1. In addition, the property is located in an opportunity zone area providing investors tax benefits.+-The front house currently has two bedrooms+-and one bath. The home features an updated kitchen, bath, side by side laundry, large fenced yard with 2 car garage spaces and a security gated lot.+-The subject is located within walking distance to restaurants and shopping with easy access to freeways and schools.+-Listing agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/dimensions, permitted or unpermitted spaces, zoning, rent control status or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspections & with appropriate professionals.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-27T00:29:51.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/112988453
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    7239 Kester Avenue Van Nuys, CA 91405

    • Price: $550,000
    • Status: Active
    • ID#: SR20264685
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    We are pleased to represent 7239 Kester which is located in Van Nuys. Kester is an excellent+-property for an owner/builder/developer. Per the city of LA zoning, a new Junior ADU potentially can be added on the lot and the garage potentially can be converted to an ADU as well for additional revenue.+-Potential rental income after ADU additions can be $60,000 annually. Proforma GRM will be 9.1 and proforma CAP will be 8.1. In addition, the property is located in an opportunity zone area providing investors tax benefits.+-The front house currently has two bedrooms+-and one bath. The home features an updated kitchen, bath, side by side laundry, large fenced yard with 2 car garage spaces and a security gated lot.+-The subject is located within walking distance to restaurants and shopping with easy access to freeways and schools.+-Listing agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/dimensions, permitted or unpermitted spaces, zoning, rent control status or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspections & with appropriate professionals.
    Exterior Features

    Lot Features Rectangular Lot Lot Size Source Assessor Lot Size Units Square Feet View Neighborhood View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features SidewalksStreet Lights Country Us Distance To Water Comments Yes Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lard1.5

    Listing provided courtesy of Anie Mayelian of Keller Williams Encino-Sherman Oaks


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-27T00:29:51.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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    Mariposa CA, 95338