4727 Kester Ave | Los Angeles, CA 91403

SALE PRICE: $4,995,000

PRICE/UNIT: $333K          PRICE/SF: $368                  GRM: 13.34                 CAP RATE: 4.64%             

TRANSACTION HIGHLIGHTS

• LOCATED in prime Sherman Oaks, adjacent to Encino

• EXCELLENT Unit Mix consisting of Five 1 Bed/1 Bath, Five 2 Bed/2 Bath, Four 2 Bed/2 Bath and One 2 Bed/2.5 Bath townhome unit, very desirable for today’s rental market

• BUILT in 1984 Under Statewide AB1482 Non Rent Control

• ATTRACTIVE value-add investment opportunity with 29% upside in market rents

• GATED parking - ample parking available

• AMENITY rich location within close walking distance to an array of fine dining, shopping and entertainment options

• UNITS separately metered for gas and electric

• SHARED on-site laundry room with washer-dryer to generate additional income