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Listed by: Jeanette Monfared (818) 212-2752 DRE #00765098 | Marcus & Millichap (818) 212-2700
$4,595,000
Monthly Est:$22,871
37 Beds
37 Baths
20,880sqft
6956 Kester Ave, Van Nuys, CA 91405
$4,595,000
$22,871/moEst:
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Multi Family
Built in 1965
$-- HOA
23,586 sqft lot
$220/sq.ft
Description
INCREDIBLE AND HARD TO FIND ASSUMABLE LOAN FOR 65% OF THE PURCHASE PRICE!!!!!!!!!!!!!!!!!!! 3.75% FIXED- $3,000,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.57%; GIM equal to 8.3; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample p...
Continue Reading- Houzeo last checked: 5 hours ago
- Listing updated: August 27, 2026 at 6:27 pm
- Source: California Regional MLS-CA | MLS#: 26859211
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
20,880 sqft
Lot Size
23,586 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26859211
MLS Status
Active
Days on Market
69
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 37
Bathrooms: 37
Interior
Heating
Wall Furnace
Cooling
Wall Window Units
Utilities & Energy
Parking Features
Carport
Price History
| Date | Event | Price |
|---|---|---|
07/12/2026 Source: | Price Decreased | $4,595,000 -4.27% $220/sqft |
06/30/2026 Source: | Listed for Sale | $4,800,000 $230/sqft |
06/17/2026 Source: | Off Market | $4,800,000 -7.69% $230/sqft |
06/17/2026 Source: | Listed for Sale | $5,200,000 $249/sqft |
Van Nuys Ranks #168 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 21, 2026, 10:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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