5660 - 5662 Kester Ave., Los Angeles, CA 91411

5660-5662 Kester Ave at 5660-5662 Kester Ave, Van Nuys, CA 91411 presents a compelling multifamily investment opportunity in a highly desirable Van Nuys location adjacent to Sherman Oaks. This well-maintained 5-unit property consists of four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit within approximately 4,000 square feet on a 0.16-acre lot. Built in 1951, the two-story low-rise asset offers investors immediate stability with strong in-place tenancy and significant upside through future rent growth. The current rent structure suggests meaningful value-add potential, making this an attractive opportunity for buyers seeking both cash flow and long-term appreciation. An added highlight is the potential to develop 2 additional ADUs, creating a rare chance to further increase income and maximize the site’s value. Zoned LARD1.5, the property is ideally positioned for investors looking to capitalize on a well-located asset with expansion potential. With its attractive curb appeal, solid unit mix, and prime location near Sherman Oaks, 5660-5662 Kester Ave is a standout offering for multifamily buyers seeking a blend of stability, upside, and future development opportunity.