NOT LISTED FOR SALE

5758 Kester Ave van Nuys, CA 91411

Van Nuys Neighborhood

Estimated Value: $998,000 - $1,286,220

4 Beds
2 Baths
1,835 Sq Ft
$607/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $925,000 $504 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,043/month

70 Days on Market

Highlights

  • No Units Above
  • Corner Lot
  • Laundry Room
  • Kester Avenue Elementary School Rated A-

About This Home

As of January 2023

New improved price. Calling all investors and developers. This duplex is located on a corner lot just North of Sherman Oaks, near many new construction projects. Each Unit is a 2+1, with a detached 2 car garage in the back. Excellent access for new construction from Kester, Hatteras, and rear alley. Check with the city for the possibility of 2 addresses. 1 on Kester, and 1 on Hatteras. Interior inspections with accepted offers only. Don't disturb, nor approach current tenants.

Last Agent to Sell the Property

David Burg

R.R.Gable, Inc. License #01324178 Listed on: 10/04/2022

Last Buyer's Agent

Danielle Peretz

The Beverly Hills Estates License #01897529

The Beverly Hills Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,649

Year Built

  • Built in 1955

Lot Details

  • 6,166 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,835 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 20786
  • Assessor Parcel Number 2244013001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Water Sewer Expense $1,680
  • Operating Expense $4,180
  • Gross Income $3,535
  • Net Operating Income $38,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,649

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 498500
  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2244013001
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Price Per Square Foot: 504.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6166.00
  • Lot Size Acres: 0.1416

Multi Family

  • Gross Income: 3535.00
  • Gross Scheduled Income: 3535.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6166.0000 Square Feet
  • Net Operating Income: 38420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Expenses: 4180.00

Tax Info

  • Tax Census Tract: 1284.00
  • Tax Lot: 1
  • Tax Tract Number: 20786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Jan 24, 2023
Sold by
Peretz Albert
Bought by
Peretz Family Investments Llc
Seller's Agent
David Burg
R.R.Gable, Inc.
Buyer's Agent
Danielle Peretz
The Beverly Hills Estates
List Price
$1,250,000
Sold Price
$925,000
Premium/Discount to List
-$325,000
-26%
Views
18
Current Estimated Value
$1,114,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,305
Avg. Annual Appreciation
5.10%
Original Mortgage
$693,750
Outstanding Balance
$672,666
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$379,064

Purchase Details

Listed on
Oct 4, 2022
Closed on
Jan 12, 2023
Sold by
Adamia Family Trust
Bought by
Peretz Albert and Peretz Leon
Seller's Agent
David Burg
R.R.Gable, Inc.
Buyer's Agent
Danielle Peretz
The Beverly Hills Estates
List Price
$1,250,000
Sold Price
$925,000
Premium/Discount to List
-$325,000
-26%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Outstanding Balance
$672,666
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$379,064

Purchase Details

Closed on
Apr 7, 2006
Sold by
Adamia Ella
Bought by
Adamia Otari and Adamia Ella
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
Peretz Family Investments Llc -- Accommodation/Courtesy Recordi
Peretz Albert $925,000 Chicago Title Company
Peretz Leon -- Chicago Title Company
Adamia Otari -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peretz Albert $693,750
Previous Owner Mikhelson Bers $180,000
Previous Owner Mikhelson Bers $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $925,000 -7.2% $504 / Sq Ft
11/15/2022 11/15/22 Price Changed $997,000 -20.2% $543 / Sq Ft
10/04/2022 10/04/22 For Sale $1,250,000 -- $681 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,649 $962,370 $577,422 $384,948
2024 $11,649 $943,500 $566,100 $377,400
2023 $5,207 $406,692 $176,820 $229,872
2022 $4,970 $398,718 $173,353 $225,365
2021 $4,903 $390,901 $169,954 $220,947
2020 $4,949 $386,894 $168,212 $218,682
2019 $4,760 $379,309 $164,914 $214,395
2018 $4,648 $371,873 $161,681 $210,192
2016 $4,429 $357,434 $155,403 $202,031
2015 $4,366 $352,066 $153,069 $198,997
2014 $4,391 $345,170 $150,071 $195,099
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Burg

    R.R.Gable, Inc.

    (818) 674-6169

    1 in this area

    19 Total Sales

    David Burg
    Section Image
  • Danielle Peretz

    Buyer's Agent in 2023

    Danielle Peretz

    The Beverly Hills Estates

    (818) 644-1477

    1 in this area

    71 Total Sales

    Danielle Peretz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22215350

California Regional Multiple Listing Service (CRMLS)

APN: 2244-013-001

California Los Angeles County Van Nuys 91411 Van Nuys

5758 Kester Ave, Van Nuys, CA

This home is located at 5758 Kester Ave, van Nuys, CA 91411 since 04 October 2022 and is currently estimated at $1,114,305, approximately $607 per square foot. This property was built in 1955. 5758 Kester Ave is a home located in Los Angeles County with nearby schools including Kester Avenue Elementary School, Van Nuys High School, and Ararat Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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

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