6643 Kester Avenue, Van Nuys, California 91405, Van Nuys, 91405 - bed, bath

6643 Kester Avenue, Van Nuys, California 91405 home-pic-0
ACTIVE$1,149,000
6643 Kester Avenue, Van Nuys, California 91405
0Bed
0Bath
2,162Sqft
7,424Lot
Year Built
1947
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$531
HOA
-
Days on market
-
Sold On
-
MLS number
SR24120036
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.15M(40th), sqft - 2162(40th), beds - undefined(50th), baths - undefined(50th).

Value investment opportunity in the heart of Van Nuys and SVF. This triplex features two 2-bed/1 bath and one 1 bed/1 bath unit mix. All units are furnished at this time and set up for either mid-term or long-term tenancy (see Inclusions for more details). The back 2-bedroom has a fenced-in private patio with an orange tree and direct access to one of the garages. It has the vibe of an exclusive ADU residence. All units were updated in various degrees with laminate flooring, tiled bathroom with pedestal sink, windows, and HVAC system. The front 2-bedroom also has the kitchen remodeled with the replacement of cabinets, stainless steel sink and corian countertops. The roof is newly replaced in January 2024. Back unit water heater and the water pressure regulator were replaced in Nov 2024. There is a 3-car detached garage building in the back facing the alley with a laundry room set up for two sets of washer and dryer as well as a covered carport. This is an amazing investment addition to your real estate portfolio or seeking a home to live in with additional income to offset the mortgage payment.

Nearby schools

2/10
Columbus Avenue School
Public,K-50.4mi
4/10
Sylvan Park Elementary School
Public,K-50.6mi
3/10
Van Nuys Elementary School
Public,K-50.7mi
4/10
Valerio Street Elementary School
Public,K-50.9mi
3/10
Andres And Maria Cardenas Elementary School
Public,K-50.9mi
1/10
Andres And Maria Cardenas Elementary School
Public,K-51.0mi
4/10
Bassett Street Elementary School
Public,K-51.1mi
3/10
Bassett Street Elementary School
Public,PK-51.1mi
5/10
Hazeltine Avenue Elementary School
Public,K-51.2mi
4/10
Cohasset Street Elementary School
Public,K-51.6mi
3/10
Cohasset Street Elementary School
Public,K-51.6mi
4/10
Kittridge Street Elementary School
Public,K-51.6mi
9/10
Kester Avenue Elementary School
Public,K-51.7mi
3/10
Michelle Obama Elementary
Public,K-51.9mi
6/10
Erwin Elementary School
Public,K-52.0mi
5/10
Noble Avenue Elementary School
Public,K-52.1mi
4/10
Burton Street Elementary School
Public,K-52.1mi
5/10
Ranchito Avenue Elementary School
Public,K-52.1mi
3/10
Gault Street Elementary School
Public,K-52.7mi
3/10
Gault Street Elementary School
Public,K-52.7mi
3/10
Langdon Avenue Elementary School
Public,K-52.7mi
7/10
Stagg Street Elementary School
Public,K-53.1mi
4/10
Parthenia Street Elementary School
Public,K-53.4mi
2/10
Van Nuys Middle School
Public,6-81.6mi
3/10
Vista Middle School
Public,6-82.0mi
5/10
James Madison Middle School
Public,6-82.4mi
5/10
William Mulholland Middle School
Public,6-82.7mi
3/10
William Mulholland Middle School
Public,6-82.8mi
7/10
Oliver Wendell Holmes Middle School
Public,6-84.3mi
3/10
Northridge Middle School
Public,6-84.4mi
6/10
Van Nuys Senior High School
Public,9-120.2mi
3/10
Robert Fulton College Preparatory School
Public,6-121.0mi
2/10
Panorama High School
Public,9-121.8mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.6mi
3/10
James Monroe High School
Public,9-123.3mi
6/10
John H. Francis Polytechnic
Public,9-123.7mi
7/10
Northridge Academy High
Public,9-125.2mi
5/10
Valley Academy Of Arts And Sciences
Public,9-125.3mi
5/10
Valley Academy Of Arts And Sciences
Public,9-125.4mi
Condition Rating
Good

Despite being built in 1947, this triplex has undergone significant and recent updates that make it move-in ready with no immediate renovations required. Key improvements include a newly replaced roof (January 2024), new water heater and pressure regulator (November 2024), updated HVAC systems, and new windows. All units feature modern laminate flooring and tiled bathrooms with pedestal sinks. The front 2-bedroom unit boasts a remodeled kitchen with white shaker cabinets, Corian countertops, and a stainless steel sink. While some appliances are white and light fixtures are basic, and updates vary 'in degrees' across units, the major systems and visible aesthetic elements are well-maintained and functional, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Strong Investment Opportunity: This triplex offers a compelling investment opportunity with a diverse unit mix (two 2-bed/1-bath, one 1-bed/1-bath) and flexibility for both mid-term and long-term furnished tenancies, ideal for portfolio expansion or owner-occupancy with income.
Significant Recent Capital Improvements: Major updates include a newly replaced roof (January 2024) and recent replacement of the back unit's water heater and water pressure regulator (November 2024), reducing immediate capital expenditure concerns for a new owner.
Updated Units with Modern Amenities: All units have received various updates including laminate flooring, tiled bathrooms with pedestal sinks, new windows, and HVAC systems. The front 2-bedroom unit also features a remodeled kitchen with new cabinets, a stainless steel sink, and Corian countertops.
Ample Parking & On-site Laundry: The property boasts a 3-car detached garage building facing an alley, a covered carport, and a dedicated laundry room equipped for two sets of washer and dryer, providing significant convenience for tenants.
Desirable Unit Feature: The back 2-bedroom unit offers a private, fenced-in patio with an orange tree and direct garage access, creating an exclusive, ADU-like living experience that enhances its appeal.

Cons

Age of Property: Built in 1947, the property's underlying structure is over 75 years old. While updates are noted, an older foundation and infrastructure may lead to unforeseen maintenance issues or higher long-term upkeep costs in areas not explicitly renovated.
Varying Degrees of Updates: The description states units were 'updated in various degrees,' implying that renovations may not be uniform or comprehensive across all units, potentially requiring further investment to standardize quality or address remaining older elements.
Lower-Rated Local Schools: Several nearby elementary schools have lower public ratings (e.g., 1-3 out of 10), which could be a deterrent for potential owner-occupants with school-aged children, potentially narrowing the buyer pool beyond pure investors.

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