7049 Kester Avenue Pending

Van Nuys,CA 91405

$ 899000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID BB24116334

Bedrooms 5

Lot Size 8,766 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a occupied 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters. A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces. There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.
Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a occupied 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters. A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces. There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.

Location

State CA

County Los Angeles

Area Van Nuys (91405)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 1

Others

Monthly Total Fees $41

Acceptable Financing Cash,Conventional

Space Rent $2,000

Listing Terms Cash,Conventional

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