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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Apartment buildings
6257 Kester Ave Van Nuys, CA 91411-2143
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6330749
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1957
Construction
WOOD
Total area
5,440 SF
Lot
0.2 ac (8,916 SF)
Zoning code
LAR3
APN
2242-022-005
UPID
US09-6330749
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.34M
Owner & transaction history
6257 Kestor Ave LLC
6257 Kestor Ave LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
LAR3 · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+54.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Van Nuys submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Nuys submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,225,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
$1,460,000
6.5%
$1,345,000
7%
$1,250,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,285,000
Current use
OFFICE BUILDING
$1,985,000
Change: +55% · Conversion: Moderate
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.35M (Dec 31 2025)
Last sale anchor
$1.35M
Dec 31 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$246 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$17,498
Tax year 2024
Assessed value
$1,364,275
Assessed 2024
Previous assessed
$1,364,275
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,003,965
Assessed improvement
$360,310
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
NONE
Cooling
YES
Units
6
Bathrooms
6
Total area
5,440 SF
Lot
0.2 ac (8,916 SF)
Zoning code
LAR3
APN
2242-022-005
UPID
US09-6330749
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Van Nuys, CA
Zoning LAR3 · permitted uses
LAR3 · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Nuys. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
6
Bathrooms
6
Lot
0.2 ac
Current owner
From public records · entity-resolved
6257 Kestor Ave LLC
Entity
Mailing address
15643 SHERMAN WAY STE #220, VAN NUYS, CA 91406-4174
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$1,350,000
6257 Kestor Ave LLC
Mr Rehab INC
Grant Deed
$365,000 · The Nre Family Trust
Dec 26, 2025
$1,230,000
Mr Rehab INC
Ahmad Khorasanchi
Grant Deed
$1,107,000 · Legacy Lending LLC
Sep 25, 2024
—
Mohamad R Kouretchian
Mohamad R Kouretchian
Intrafamily Transfer
related
—
Dec 8, 2017
—
Ghobad & Soraya Family Trust
Abeyond Sgk LLC
Quit Claim Deed
related
—
Sep 22, 2017
$1,223,000
Mohamad R Kouretchian
Canas,osmar
Grant Deed
—
Sep 10, 2007
—
Osmar Canas
Canas,osmar
Quit Claim Deed
related
—
May 15, 2007
$700,000
Osmar Canas
Weinstein,alan J & Dorina E
Grant Deed
$455,000 · Union Bank Of California
May 15, 2007
—
Osmar Canas
Romero,norma V
Grant Deed
related
—
Aug 3, 2004
$650,000
Alan J Weinstein
Kester One Partnership
Grant Deed
$330,000 · Kester One Partnership
Nov 20, 2003
$360,000
Kester One Partnership
G Investments INC
Grant Deed
—
Jul 1, 1999
$250,000
G Investment INC
Stern,benjamin
Grant Deed
—
Apr 2, 1997
$240,000
Stern,benjamin
Cedros One
Trustees Deed
$180,000 · Bank Of America
Apr 2, 1997
—
Benjamin Stern
Stern,s M
Quit Claim Deed
related
—
Aug 1, 1996
$160,000
Cedros One
Gallagher Trust
Grant Deed
—
Sep 28, 1995
—
Lawrence J Et Al Trs Gallagher
—
Deed Of Trust
related
—
Aug 29, 1995
—
Gallagher,john P Trustee
Gallagher,j P Trustee
Quit Claim Deed
related
—
Nov 30, 1994
—
Gallagher,thomas Tr
—
Deed Of Trust
related
—
—
—
G Investments INC
—
Deed Of Trust
related
$200,000 · T L A INC
—
—
Alan J Weinstein
—
Deed Of Trust
related
$425,000 · East West Bank
—
—
Alan Weinstein
—
Deed Of Trust
related
$225,000 · Starnet Elite Productions Corp
—
—
Alan Weinstein
—
Deed Of Trust
related
$225,000 · Starnet Elite Productions Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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