5454 Kester Ave & 5456 Kester Ave Sherman Oaks CA 91411

Sherman Oaks, CA 91411
  • 2,365 SQFT
Status: Sold

Rare find! Welcome to this multi-unit duplex property in one of the most desired neighborhoods in Sherman Oaks. Excellent returns on your investment with a GRM of 14. 9 and CAP Rate of 5 with almost $77,000 in rental income annually. 5456 Kester Ave. is the main unit located in the rear which consists of 2 Beds 2 Baths and approx. 1,400 sq ft. This sleek unit has been recently remodeled with a brand new kitchen, quartz countertops, SS appliances, self-close cabinets, recessed lighting, remodeled bathrooms, and central A/C. There is also a large bonus area that can be walled off and created into a 3rd bedroom. Additional amenities for this unit are indoor and outdoor fireplaces, a secured private patio area with a sparkling in-ground spa, outdoor entertaining area with lush landscaping, and a 2-car garage with direct access. 5454 Kester Ave. is located in the front which consists of 2 Beds I Bath and approx. 1,000 sq ft.You are welcomed by an open floor plan, wood flooring, and a cozy fireplace. The kitchen flows into your formal dining area which opens to your family room. This duplex is perfect for investors who want an excellent return rate, someone who lives in one and rents out the other, or a family who has elderly parents or young adults that would like their own space but still be close by. Surrounded by award-winning schools, Sherman Oaks Galleria, Ventura Blvd., and 405/ IO I fwys. This is a great property to add to the portfolio! Financial Summary and Marketing Package avail upon request.