NOT LISTED FOR SALE

5723 Kester Ave Van Nuys, CA 91411

Estimated Value: $821,000 - $1,202,721

4 Beds
2 Baths
1,872 Sq Ft
$516/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2023

Last sale price $825,000 $441 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,081 / mo

225 Days on Market

Highlights

  • 2 Car Garage
  • Bungalow
  • 1-Story Property
  • Kester Avenue Elementary School Rated A

About This Home

As of October 2023

Do not miss this opportunity to purchase an income property in the Valley! Located in the Van Nuys neighborhood, this charming duplex is fully occupied and features a total of 4BR/2BA (each unit is 2BR/1BA). Detached 2-car garage. Conveniently located to golf courses, trendy shopping, dining, entertainment, and DTLA. A true must-see! *Do not disturb occupants.

Last Agent to Sell the Property

Tiffany Dalgic

Coldwell Banker Realty License #01896614 Listed on: 02/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Zohar Daniel

Equity Union License #01834710

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2243-014-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1872
  • Lot Acreage: 0.1377
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 480.72

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached, On street
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 36.59
  • Assessed Improvement Value: 173270
  • Assessed Land Percent: 63.41
  • Assessed Land Value: 300337
  • Total Assessed Value: 473607
  • Assessor Parcel Number: 2243-014-029
  • Lot Size Area: 6000

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Oct 9, 2023
Sold by
Bought by
Seller's Agent
Tiffany Dalgic
Coldwell Banker Realty
Buyer's Agent
Zohar Daniel
Equity Union
List Price
$1,100,000
Sold Price
$825,000
Premium/Discount to List
-$275,000
-25%
Views
193
Current Estimated Value
$966,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,430
Avg. Annual Appreciation
6.13%
Original Mortgage
$425,000
Outstanding Balance
$415,181
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$551,249

Purchase Details

Listed on
Feb 2, 2023
Closed on
Oct 4, 2023
Sold by
Bought by
Seller's Agent
Tiffany Dalgic
Coldwell Banker Realty
Buyer's Agent
Zohar Daniel
Equity Union
List Price
$1,100,000
Sold Price
$825,000
Premium/Discount to List
-$275,000
-25%
Views
193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$415,181
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$551,249

Purchase Details

Closed on
Apr 18, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,965,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,274,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
$825,000 Lawyers Title
-- Os National Llc
-- Fidelity Natl Title Group
-- Old Republic Title Company
$316,003 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $425,000
Previous Owner $339,965,000
Previous Owner $380,274,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $825,000 -8.3% $441 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $899,900 -1.1% $481 / Sq Ft
08/23/2023 08/23/23 Price Changed $910,000 -2.2% $486 / Sq Ft
08/10/2023 08/10/23 Price Changed $930,000 -1.1% $497 / Sq Ft
07/27/2023 07/27/23 Price Changed $940,000 -1.1% $502 / Sq Ft
07/12/2023 07/12/23 Price Changed $950,000 -1.0% $507 / Sq Ft
06/29/2023 06/29/23 Price Changed $960,000 -1.0% $513 / Sq Ft
06/16/2023 06/16/23 Price Changed $970,000 -1.0% $518 / Sq Ft
06/02/2023 06/02/23 Price Changed $980,000 -1.0% $524 / Sq Ft
05/05/2023 05/05/23 Price Changed $990,000 -7.5% $529 / Sq Ft
04/21/2023 04/21/23 Price Changed $1,070,000 -0.9% $572 / Sq Ft
04/06/2023 04/06/23 Price Changed $1,080,000 -0.9% $577 / Sq Ft
03/15/2023 03/15/23 Price Changed $1,090,000 -0.9% $582 / Sq Ft
02/02/2023 02/02/23 For Sale $1,100,000 -- $588 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,332 $841,500 $504,900 $336,600
2024 $10,230 $825,000 $495,000 $330,000
2023 $6,126 $483,078 $306,343 $176,735
2022 $5,846 $473,607 $300,337 $173,270
2021 $5,769 $464,322 $294,449 $169,873
2020 $5,824 $459,562 $291,430 $168,132
2019 $5,599 $627,039 $400,788 $226,251
2018 $7,553 $614,745 $392,930 $221,815
2016 $7,211 $590,875 $377,673 $213,202
2015 $5,154 $418,191 $265,194 $152,997
2014 $5,181 $410,000 $260,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tiffany Dalgic

    Coldwell Banker Realty

    (310) 993-2612

    120 Total Sales

    Tiffany Dalgic
    Section Image
  • Zohar Daniel

    Buyer's Agent in 2023

    Zohar Daniel

    Equity Union

    (818) 930-1806

    39 Total Sales

    Zohar Daniel
    Section Image
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Map

Source: The MLS

MLS Number: 23-238525

The MLS

APN: 2243-014-029

California Los Angeles County Van Nuys 91411

5723 Kester Ave, Van Nuys, CA

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The MLS © 2026 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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