
Sherman Oaks, California 91403
Analysis of 4961 Kester Avenue, Sherman Oaks, California 91403 is currently available with a list price of $1,650,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Despite the 1955 build date, the property is well-maintained and move-in ready. It features updated copper plumbing, newer laminate wood flooring, and refreshed kitchens with modern white cabinetry and functional layouts, indicating renovations likely within the 5-15 year range.
Situated south of the 101 freeway and within walking distance to Ventura Boulevard, the property offers tenants unparalleled access to high-end dining, shopping, and easy commuting via the 405 and 101.
The building consists of four spacious 2-bedroom, 1-bathroom units, a highly desirable configuration that typically commands higher rents and attracts long-term, stable tenants compared to smaller studio or one-bedroom units.
The inclusion of copper plumbing and durable laminate wood flooring indicates a high level of maintenance and pride of ownership, reducing the immediate need for major capital expenditures by a new investor.
Built in 1955, the property may eventually require updates to aging electrical or mechanical systems and could be subject to Los Angeles seismic retrofit requirements.
The description lacks mention of modern essentials like in-unit laundry or central air conditioning, which may limit the property's ability to compete with newer luxury multifamily developments in the area.
Exceptional investment opportunity in one of Sherman Oaks' most desirable neighborhoods! This well-maintained fourplex is ideally situated just moments from Ventura Boulevard, placing residents within walking distance of popular restaurants, cafés, shopping, grocery markets, and everyday conveniences. The property also offers easy access to both the 101 and 405 Freeways, making commuting throughout Los Angeles convenient. The property features four spacious light and bright units, each offering 900 square feet of living space with 2 bedrooms and 1 bathroom. Designed for comfortable living and easy maintenance, each unit features durable laminate wood flooring and functional floor plans that appeal to a wide range of tenants. Additional property highlights include copper plumbing and covered parking, adding long-term value and convenience. Pride of ownership is evident throughout, with clean, well-maintained interiors and exteriors that reflect years of attentive care. Located in a highly sought-after rental market, this prime Sherman Oaks fourplex presents an outstanding opportunity for investors seeking stable income and long-term appreciation. Its exceptional location, desirable unit mix, spacious unit sizes, quality improvements, low-maintenance features, strong tenant appeal, and convenient freeway access make it a valuable addition to any investment portfolio. Don't miss this rare opportunity to own a quality multifamily property in one of the San Fernando Valley's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,588 | 7,036 |
| Lot Size | 6,264 | 5,833 |
| Price | $1.65M | $2.32M |
| Price per sq ft | $460 | $451 |
| Built year | 1955 | 1987 |
| HOA | $0 | $0 |
| Days on market | 9 | 95 |
Jul 13, 2026
$1,650,000
Initial Listing
Jan 31, 2011
$600,000
Public Record
May 12, 2005
$950,500
Public Record
May 30, 2000
$339,909
Public Record
Oct 9, 1996
$115,000
Public Record