6956 Kester Avenue, Van Nuys, CA — listing photo 1
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FOR SALE

6956 Kester Avenue

Van Nuys, CA 91405
37 Beds
37 Baths
20,880 Sq Ft
Built 1965
$4,595,000
Price ReducedWas $4,800,000 — $4,595,000 (-$205,000)

Property Overview

INCREDIBLE AND HARD TO FIND ASSUMABLE LOAN FOR 65% OF THE PURCHASE PRICE!!!!!!!!!!!!!!!!!!! 3.75% FIXED- $3,000,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.57%; GIM equal to 8.3; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces. Marketing package attached under DOCS.

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Home Details

Property type
Residential Income
Year built
1965
Living area
20,880 sq ft
Lot size
23,586 sq ft
Parking
24 spaces
Stories
2
Days on market
72
MLS status
Active
Zoning
LARD1.5

Features & Amenities

Parking

  • Carport

Community, Schools & Utilities

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits

Location & Neighborhood

6956 Kester Avenue

Van Nuys, CA 91405

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Frequently Asked Questions About 6956 Kester Avenue

Property type: Residential Income

The current asking price is $4,595,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 6956 Kester Avenue. Our team will confirm availability and timing.
This 37 bedrooms and 37 bathrooms property offers approximately 20,880 square feet of living space. It was built in 1965. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Van Nuys, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Van Nuys property.
The MLS currently reports the property as Active. It has been listed for 72 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Jeanette Monfared
MLS ID: CLW-X20435

Available property

$4,595,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.