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Listed by Coldwell Banker Realty, Frank Ponce, Anna Khomut Listing Contact: 310-791-6017

$2,950,000

5236 Kester AVE, Sherman Oaks CA, 91411

Price per sqftN/A
Built in1964
Property typeMulti-family

Overview

Active

Listed Jul 9, 2025

Updated 9 days ago

Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong

$19,626/mo

Est. mortgage payment based on a $2,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRPV25148646

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Coldwell Banker Realty, Frank Ponce DRE:00861049, Anna Khomut
Listing Contact: 310-791-6017 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor SALA Homes Realty & Development shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:28 PM UTC, 9/28/2026

 

 

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