7239 Kester Avenue Van Nuys, CA
$ 550,000
Property Attributes
  • MLS#SR20264685
  • TypeLand
  • CityVan Nuys
  • AreaVan Nuys
  • Zip91405
  • Style
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,350 SqFt
Listing Provided Courtesy Of:
Anie Mayelian - BRE#00778825 with Keller Williams Encino-Sherman Oaks
Data Source:
Property Description

We are pleased to represent 7239 Kester which is located in Van Nuys. Kester is an excellent property for an owner/builder/developer. Per the city of LA zoning, a new Junior ADU potentially can be added on the lot and the garage potentially can be converted to an ADU as well for additional revenue. Potential rental income after ADU additions can be $60,000 annually. Proforma GRM will be 9.1 and proforma CAP will be 8.1. In addition, the property is located in an opportunity zone area providing investors tax benefits. The front house currently has two bedrooms and one bath. The home features an updated kitchen, bath, side by side laundry, large fenced yard with 2 car garage spaces and a security gated lot. The subject is located within walking distance to restaurants and shopping with easy access to freeways and schools. Listing agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/dimensions, permitted or unpermitted spaces, zoning, rent control status or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspections & with appropriate professionals.

Price History
1/4/2021 Listed $550,000

General Features

Community Features Street Lights, Sidewalks
Listing Agent Anie Mayelian - BRE#00778825
Listing Agent State License 00778825
MLS Area VN - Van Nuys
Property Type Land
Special Listing Conditions Standard
Terms Cash to New Loan
View Neighborhood
Zoning LARD1.5

Exterior Features

Lot Features Rectangular Lot
Lot Size Acres 0.1
Lot Size Area 4350
Lot Size Source Assessor
Lot Size Square Feet 4350
Lot Size Units Square Feet
View Y/N Yes
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91405

AVG $1.47M
AVG 51
AVG 67
Data Provided by Walkscore ® not using MLS data

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