Residential Income Property with Central
5743 Kester AVE, Sherman Oaks, CA 91411
For Sale
$949,888
Built in 1951 with central air and a kitchen equipped with gas cooking appliances.
Property Size1,872 SF
Price / SF$507.42
Days on Market103
Property Features for 5743 Kester AVE
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Century 21 Hollywood
Listed By:
Edward Frish · License CA #01252271
(818) 371-1665
Source:
Benbelack
Added: Aug 5
Changed: Nov 10
Last Checked: Nov 14 at 2:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Hollywood
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Investment Insights
Based on property information with market context.
This residential income property was built in 1951 and includes central air, a central system, and a kitchen with a dishwasher, gas cooktop, and gas oven. The interior feature set is suited to residential occupancy and includes the core kitchen appliances identified for the property.
The property is located at 5743–5745 Kester Avenue in Sherman Oaks, within Los Angeles County. It sits on Kester Avenue between Burbank Boulevard and Hatteras Street, providing a clearly identified address and surrounding street context.
The property is located at 5743–5745 Kester Avenue in Sherman Oaks, within Los Angeles County. It sits on Kester Avenue between Burbank Boulevard and Hatteras Street, providing a clearly identified address and surrounding street context.
Key Highlights
- Residential income property at 5743 5745 Kester Avenue, Sherman Oaks, CA 91411
- Built in 1951
- Central air and central system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,122
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,440
$602.4K
Cap Rate 7%
$430,314
$430.3K
Cap Rate 9%
$334,689
$334.7K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$59.5K $31.80/SF
− Vacancy
−$4.8K −$2.54/SF
EGI
$54.8K $29.26/SF
− OpEx
−$24.6K −$13.17/SF
NOI
$30.1K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,440
Cap Rate 7%
$430,314
Cap Rate 9%
$334,689
Alternative Uses
Best Use
Apartment 5plus
$430.3K
$376.5K – $502.0K
NOI $30,122 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$877.0K – $1.17M
NOI $70,158 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,518
Businesses Nearby
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Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Sherman Oaks, CA
Properties on Market for Residential income properties in Sherman Oaks
Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1951 with central air and a kitchen equipped with gas cooking appliances.
Where is this residential income property located?
The property is located at 5743 Kester AVE Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $949,888.
What are key features of this property?
This property features: Residential income property at 5743 5745 Kester Avenue, Sherman Oaks, CA 91411; Built in 1951; Central air and central system
