Movoto Real Estate

6840 Kester Ave, Van Nuys, CA 91405

$4,400,000
•
  • 41

    bed

  • 26

    bath

  • 18,333

    Sqft ($240/Sqft)

Multi-family for sale 787 days
$200K price increase

About 6840 Kester Ave

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Lot size 0.54 Acre
Movoto estimate
Property description
This 20-unit Apartment building is a well-maintained asset in Van Nuys, CA. New Roof just completed. Centrally located in the San Fernando Valley, this complex has almost immediate access to the 101, 405, 170, and 118 freeways, as well as an abundance of public transportation, including a new line currently in construction: the East San Fernando Valley Light Rail Transit project, that will feature 11 stops from Van Nuys to Pacoima. This property features a favorable unit mix, with 15 of the 20 units being 2 & 3 bedroom units (25% 1 bedrooms, 75% 2 & 3 bedrooms), with private patios/balconies, and a pool. This two-story building also has secure, gated parking with covered spaces, and seismic retrofitting has been completed. This property sits on a corner lot, on the corner of Kester Ave. and Hartland St., just north of Vanowen St. The Van Nuys location is very walkable and bikeable with good transit.
Listed by
Listing Agent - David Kaufman
Listing Office - David Ballin Kaufman
Source: The MLS mls logo
MLS#24-428723 • last updated 2 weeks ago
Movoto checked The MLS for data 1 hour ago
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Overview
Levels/Style Two
MLS # 24-428723
Type Residential Income
Status Active
SqFt 18333
Lot Size (SqFt) 23351
Lot Size (Acres) 0.5361
Year Built 1961
Interior
Total # of Baths 26
Total # of Bedrooms 41
Exterior
# Parking Spaces 20
Parking Desc Covered Parking, Gated
# Covered Parking Spaces 20
Add'l Structures None
Lot Location Corner Lot
Amenities / Utilities
Equipment Range/Oven, Refrigerator, Microwave
Pool In Ground
Location
County Los Angeles
Zoning LARD1.5
APN 2219-018-018
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 2400
Unit 1: Projected Rent 9000
Unit 1: # Beds 1
Unit 4: # Beds 3
Unit 1: Rent 1326
Unit 2: Rent 1616
Unit 3: Rent 1635
Unit 4: Rent 2019
Unit 2: Furnished No
Unit 2: Projected Rent 19800
Unit 4: Projected Rent 12500
Unit 3: # Beds 3
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 2
Unit 4: Actual Rent 11729
Unit 2: Actual Rent 14551
Unit 3: Actual Rent 1635
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 6634
Total # Of Buildings 1
Net Operating Income 193492
Cap Rate 4.21
Gross Income 403958
Gross Operating Income 395879
Gross Rent Multiplier 11.39
Total Annual Expenses 202387
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Source: GreatSchools.org © 2026. All rights reserved.

Around Van Nuys

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  • Real Estate
  • CA
  • Los Angeles County
  • Van Nuys
  • 91405
  • 6840 Kester Ave

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