6640 Kester Avenue
Van Nuys, CA 91405
0.25 acres | #SR25017186
Description
***RTI received. All plans have been approved.***Listed $100K below appraised value! Priced to sell.***We proudly present 6640 Kester Ave, a corner lot in the heart of Van Nuys, centrally located and close to retail, government offices, schools, and businesses. The plans for this development feature 12 state of the art apartments, designed for easy condo conversion. Residential units total 21,512 square feet, and consist of 9 3-bedroom + 3-bathroom units, and 3 2-bedroom + 2-bathroom units, with an average unit size of 1,330 square feet. On grade parking garage is 4,320 square feet, and features 19 parking spaces. Additionally, there is a 550 square foot recreation room with a bathroom, opening out to the outdoor common open space at the rear yard. This property is attractive for investors and developers eager to take advantage of this area’s high demand for housing and ongoing development initiatives, with potential strong and stable returns. Metro’s projected plans for the construction of new rail lines connecting multiple parts of the City, makes this a desirable hub for renters or buyers alike.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- CountyLos Angeles
- ViewCityLights
- Original List Price$2,200,000
- MLS #SR25017186
- MLS #SR25017186
- Property TypePurchase
- Cost1950000
- Acres0.2548
- Utility SourcePublic
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ani Acevedo (#SR207060241)
Listing Office: Lincoln Estates Inc. (#SR0133500)
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