NOT LISTED FOR SALE

4913 Kester Ave Sherman Oaks, CA 91403

Estimated Value: $1,360,000 - $1,834,713

7 Beds
5 Baths
3,348 Sq Ft
$497/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $1,100,000 $329 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,067/month

77 Days on Market

Highlights

  • Air Conditioning
  • Kester Avenue Elementary School Rated A-
  • 8 Car Garage

About This Home

As of September 2018

We are pleased to present 4913 Kester Avenue, a 4-unit multifamily asset in the much sought-after Sherman Oaks neighborhood of the San Fernando Valley. Built in 1954, this property is not on the Los Angeles seismic retrofit list (Buyer to verify) and instead provides tenants with abundant parking, with each unit granted a private garage plus an open tandem space. Because the asset contains four units, a new owner may explore the possibility of residential financing, which could allow for a lower down payment.Landlord-owned on-site laundry facilities provide extra income to the new owner, while deferred maintenance should be limited given the current owner's careful maintenance of the property. The building's exterior was fully repainted and landscaping was recently updated, adding to the property's curb appeal. By virtue of its location and the ease with which it can be managed, 4913 Kester Avenue will make a welcome addition to any investor's portfolio.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/27/2018

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,027

Year Built

  • Built in 1954

Lot Details

  • 5,782

Interior Spaces

  • 3,348 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Car Garage
  • Uncovered Parking

Additional Features

  • 5,782 Sq Ft Lot
  • Air Conditioning

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2263-013-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,027

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3348
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 446.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 357880
  • Assessed Land Value: 153370
  • Assessor Parcel Number: 2263-013-018
  • Geocode Override: No
  • Lot Size Area: 5782

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.44
  • Number Of Units: 4
  • Total Annual Expense: 31245
  • Type Of Units: Residential
  • Vacancy Rate: $0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 30, 2018
Sold by
Tw Kester Property Llc
Bought by
Coeler Peter Andrew and Coeler Barbara Carmen
Seller's Agent
Rick Raymundo
Marcus & Millichap
Buyer's Agent
Rick Raymundo
Marcus & Millichap
List Price
$1,495,000
Sold Price
$1,100,000
Premium/Discount to List
-$395,000
-26.42%
Current Estimated Value
$1,662,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,678
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Solo Walter
Bought by
Tw Kester Property Llc

Purchase Details

Closed on
Oct 25, 2002
Sold by
Solo Walter and Solo George Tanya
Bought by
Solo Walter and Solo George Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.88%

Purchase Details

Closed on
Jan 14, 1997
Sold by
Solo Walter Tr Circle Trust
Bought by
George Tanya and Circle Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coeler Peter Andrew $1,100,000 North American Title Company
Tw Kester Property Llc -- None Available
Tw Kester Property Llc -- None Available
Solo Walter -- Old Republic Title
Solo Walter -- Old Republic Title
George Tanya -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solo Walter $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $1,100,000 -26.4% $329 / Sq Ft
06/27/2018 06/27/18 For Sale $1,495,000 -- $447 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,027 $1,227,067 $736,241 $490,826
2024 $15,027 $1,203,007 $721,805 $481,202
2023 $14,741 $1,179,419 $707,652 $471,767
2022 $14,064 $1,156,294 $693,777 $462,517
2021 $13,884 $1,133,623 $680,174 $453,449
2019 $13,474 $1,100,000 $660,000 $440,000
2018 $6,701 $521,474 $156,437 $365,037
2016 $6,385 $501,226 $150,363 $350,863
2015 $6,296 $493,698 $148,105 $345,593
2014 $6,339 $484,028 $145,204 $338,824
Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2018

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    1 in this area

    66 Total Sales

    Rick Raymundo
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Map

Source: The MLS

MLS Number: 18-368704

The MLS

APN: 2263-013-018

California Los Angeles County Sherman Oaks 91403

4913 Kester Ave, Sherman Oaks, CA

This home is located at 4913 Kester Ave, Sherman Oaks, CA 91403 since 27 June 2018 and is currently estimated at $1,662,678, approximately $496 per square foot. This property was built in 1954. 4913 Kester Ave is a home located in Los Angeles County with nearby schools including Kester Avenue Elementary School, Van Nuys High School, and Ivy Bound Academy of Math Sci and Tech Charter Middle.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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