Listing provided courtesy of Ani Acevedo of Lincoln Estates Inc.. Last updated 2025-03-05 10:17:45.000000. Listing information © 2024 Sandicor.
Asking Price: $1,950,000
6640 Kester, Van Nuys CA 91405
Community:
This Lots/Land property was built in and is priced at $1,950,000. Please see the additional details below.
***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 areas high demand for housing and ongoing development initiatives, with potential strong and stable returns. Metros 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.
