NOT LISTED FOR SALE

5822 Kester Ave van Nuys, CA 91411

Estimated Value: $862,000 - $1,363,889

4 Beds
2 Baths
1,897 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 13, 2025

Last sale price $850,000 $448 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,839/month

108 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Kester Avenue Elementary School Rated A
  • Back and Front Yard

About This Home

As of May 2025

BACK ON THE MARKET AT NO FAULT OF THE SELLERS. Don’t miss this incredible opportunity to own a great duplex in Van Nuys! A true must-see! Situated in the heart of the San Fernando Valley near Sherman Oaks, and Lake Balboa Park, offering scenic trails, picnic areas, and paddle boating, with the 405 and 101 Freeways just moments away, you'll have quick access to what Los Angeles has to offer. This charming duplex is fully occupied and features a total of 4BR/2BA (each unit is 2BR/1BA). Detached 2-car garage. Conveniently located near shopping centers, dining, entertainment, and DTLA. This property is ideal for a new apartment building, condos, or a small lot subdivision. It is perfect for fix-and-flip investors. *Do not disturb occupants.

Last Agent to Sell the Property

Daniel Avendano

Century 21 Allstars Brokerage Phone: 562-254-2003 License #01333984 Listed on: 12/20/2024

Century 21 Allstars

Last Buyer's Agent

Daniel Avendano

Century 21 Allstars Brokerage Phone: 562-254-2003 License #01333984 Listed on: 12/20/2024

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,252 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,897 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 21677
  • Assessor Parcel Number 2244012008
  • $305 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,563
  • Trash Expense $1,800
  • Operating Expense $4,563
  • Gross Income $44,424
  • Net Operating Income $39,861

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2244012008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 448.08

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6252.00
  • Lot Size Acres: 0.1435

Multi Family

  • Gross Income: 44424.00
  • Gross Scheduled Income: 44424.00
  • Insurance Expense: 1563.00
  • Lot Size Area: 6252.0000 Square Feet
  • Net Operating Income: 39861.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4563.00
  • Rent Control: Yes
  • Total Actual Rent: 3702.05
  • Total Expenses: 4563.00

Tax Info

  • Tax Census Tract: 1284.00
  • Tax Lot: 8
  • Tax Tract Number: 21677
  • TaxOtherAnnualAssessmentAmount: 305.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Apr 15, 2025
Sold by
5822-24 Kester Ave Llc
Bought by
Amirkhanyan Artur and Gezalyan Anna K
Seller's Agent
Daniel Avendano
Century 21 Allstars
Buyer's Agent
Daniel Avendano
Century 21 Allstars
List Price
$909,999
Sold Price
$850,000
Premium/Discount to List
-$59,999
-6.59%
Views
4734
Current Estimated Value
$1,078,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,472
Avg. Annual Appreciation
40.51%
Original Mortgage
$680,000
Outstanding Balance
$675,130
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$403,342

Purchase Details

Closed on
Oct 8, 2022
Sold by
Arrington Anthony
Bought by
5822-24 Kester Ave Llc

Purchase Details

Closed on
Oct 3, 2022
Sold by
Carl F Shrawder Revocable Living Trust
Bought by
Arrington Anthony

Purchase Details

Closed on
Mar 8, 2008
Sold by
Shrawder Carl F
Bought by
Carl F Shrawder Revocable Living Trust

Purchase Details

Closed on
Aug 12, 2003
Sold by
Lau Paul and Lau Yu Fong Lee
Bought by
Shrawder Carl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1998
Sold by
Kwei Tong Chan and Kwei Yee Wah Lee
Bought by
Lau Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.88%

Purchase Details

Closed on
May 4, 1998
Sold by
Ho Steve S
Bought by
Lau Anny S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amirkhanyan Artur $850,000 Stewart Title
5822-24 Kester Ave Llc -- --
Arrington Anthony -- --
5822-24 Kester Ave Llc -- --
Arrington Brienne -- --
Carl F Shrawder Revocable Living Trust -- None Available
Shrawder Carl F $400,000 Fidelity
Lau Paul $80,000 United Title Company
Lau Anny S -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amirkhanyan Artur $680,000
Previous Owner Shrawder Carl F $300,000
Previous Owner Lau Paul $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $850,000 -6.6% $448 / Sq Ft
12/20/2024 12/20/24 For Sale $909,999 -- $480 / 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 $14,867 $1,238,076 $743,886 $494,190
2024 $14,867 $1,213,800 $729,300 $484,500
2023 $8,087 $648,799 $396,315 $252,484
2022 $6,545 $535,903 $334,941 $200,962
2021 $6,459 $525,396 $328,374 $197,022
2019 $6,268 $509,814 $318,635 $191,179
2018 $6,182 $499,819 $312,388 $187,431
2016 $5,898 $480,411 $300,258 $180,153
2015 $5,813 $473,195 $295,748 $177,447
2014 $5,842 $463,927 $289,955 $173,972
Source: Public Records

Agents Affiliated with this Home

  • Daniel Avendano

    Seller's Agent in 2025

    Daniel Avendano

    Century 21 Allstars

    (562) 254-2003

    2 in this area

    52 Total Sales

    Daniel Avendano
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24252820

California Regional Multiple Listing Service (CRMLS)

APN: 2244-012-008

California Los Angeles County Van Nuys 91411

5822 Kester Ave, Van Nuys, CA

Not Listed for Sale

MultiFamily

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