4705 Kester Avenue 116, Los Angeles, California 91403, Los Angeles, 91403 - 2 bed, 2 bath
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4705 Kester Avenue 116
Los Angeles, California 91403
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,096Sq Ft
33,253Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$551,835
4% BelowMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $525,000—positioned well below the $551,835 Fair Market Value by 4%. This valuation gap offers $26,835 in Instant Equity for the buyer. With a Condition Rating of 3, the unit features a new A/C system, updated windows, and a remodeled guest bath. Its prime Sherman Oaks location near Ventura Blvd provides excellent walkability. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey lifestyle.
Estimated Market Value
$551,835+$26,835 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4705 Kester Avenue 116 Subject | $525,000* List Price | 2 | 2 | 1,096 | $503 | - |
A 4543 Willis Avenue 102 Sold | $637,000 | 2 | 2 | 1,050 | $607 | 0.2 mi |
B 5070 Kester Avenue 12 Sold | $595,000 | 2 | 3 | 1,147 | $519 | 0.5 mi |
C 15215 Magnolia Boulevard 131 Sold | $538,500 | 2 | 2 | 1,127 | $478 | 0.8 mi |
D 15325 Magnolia Boulevard 103 Sold | $575,000 | 2 | 2 | 1,392 | $413 | 0.8 mi |
E 15231 Magnolia 221 Sold | $585,000 | 2 | 2 | 1,184 | $494 | 0.8 mi |
F 15457 Moorpark Street 3 Sold | $535,000 | 2 | 2 | 1,084 | $494 | 0.7 mi |
G 4637 Willis 110 Sold | $563,500 | 2 | 2 | 1,177 | $479 | 0.1 mi |
H 4724 Kester Avenue 209 Sold | $650,000 | 2 | 2 | 1,200 | $542 | 0.1 mi |
I 4558 Willis 114 Active | $549,900 List Price | 2 | 2 | 1,047 | $525 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1979, the unit is well-maintained and move-in ready with significant updates including a new A/C system, new windows, and a recently remodeled guest bathroom. The kitchen features functional stainless-steel appliances and Corian counters, and the living areas have updated laminate flooring.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Sherman Oaks Location
Situated just north of Ventura Boulevard, the property offers exceptional walkability to a variety of premier shops and dining options in a highly sought-after neighborhood.
- Modern Infrastructure Upgrades
The unit features significant recent improvements, including a brand-new A/C system, new windows, and new sliding doors, which enhance energy efficiency and reduce immediate maintenance costs.
- Functional Living Space
The layout includes a remodeled guest bathroom, a primary suite with a walk-in closet, and a versatile patio accessible from both the living room and bedroom, maximizing the 1,096 square feet.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $601.92 is relatively high for this price point, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
- Lack of Scenic Views
The property is officially listed as having no view, which may limit its competitive appeal compared to other units in the area that offer city or hillside outlooks.
About 4705 Kester Avenue 116
Great location in Sherman Oaks, just north of Ventura Blvd. It is only a few blocks away from many shops and restaurants. The unit is 2 bedrooms and 2 bathrooms with laminate floors in the living area and tile floors in the bathrooms and kitchen. The guest bathroom was recently remodeled, and the unit also has new windows and sliding doors. The kitchen features Corian counters and stainless-steel appliances. The primary bedroom features a walk-in closet and a private bathroom. There is a patio that is accessible from the living room and the guest bedroom. There is an additional storage area assigned to the unit and the A/C system is new.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 33,253 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $601.92 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,096 | 1,219.385 |
| Lot Size | 33,253 | 27,236.074 |
| Price | $525.0K | $800.2K |
| Price per sq ft | $479 | $650 |
| Built year | 1979 | 1979 |
| HOA | $601.92 | $685 |
| Days on market | 57 | 72 |
Pricing History
Listed for Sale
Aug 5, 2026
$525,000
$565,000
-7% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$565,000
Initial Listing
Sold
Sep 3, 2019
$480,000
Public Record
Sold
Apr 21, 2017
$430,000
Public Record
Sold
Apr 8, 2014
$339,000
Public Record
Sold
Apr 5, 2012
$205,000
Public Record
Sold
Dec 10, 2004
$327,000
Public Record