KW Commercial is pleased to present 4956–4960 Kester Avenue, a 16-unit multifamily investment opportunity located in the highly desirable Sherman Oaks, California. Offered at $4,100,000, the property consists of two apartment buildings situated on an approximately 13,034-square-foot LAR3-zoned lot, providing investors with both existing income and long-term value-add potential.
The property features a balanced unit mix of eight (8) bachelor units and eight (8) two-bedroom, one-bathroom units, offering a versatile mix that appeals to a wide range of tenants and supports long-term occupancy.
The property also offers potential for additional development and ADUs—buyer to verify—which could create additional rental income and long-term value.
Located near Ventura Boulevard with convenient access to the 101 and 405 Freeways, the property is positioned within one of the San Fernando Valley's most desirable rental markets, providing convenient access to Sherman Oaks, Encino, Studio City and other major employment and entertainment centers throughout Los Angeles.