$4,400,000
-$200,0006840 Kester Avenue, Van Nuys CA 91405
Multi-Family (20 Units)
Property type
669 days
On market
$240
Price per sqft
N/A
Garage
1961
Year built
23,351 sqft
Lot size
Home highlights
Open Houses
Overview
This 20-unit Apartment building is a well-maintained asset in Van Nuys, CA. New Roof just completed. Centrally located in the San Fernando Valley, this complex has almost immediate access to the 101, 405, 170, and 118 freeways, as well as an abundance of public transportation, including a new line currently in construction: the East San Fernando Valley Light Rail Transit...
Listing provided by: David Kaufman DRE #01217537 818-464-3212, David Ballin Kaufman
Listing updated: May 27, 2026 at 07:43pm.
Last checked: Jun 14, 2026 at 09:00am
Source: CRMLS #24428723
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 1 | 1 | — | $1,326 | $6,634 | $9,000 | Unfurnished |
| 9 | 2 | 1 | — | $1,616 | $14,551 | $19,800 | Unfurnished |
| 1 | 3 | 1 | — | $1,635 | $1,635 | $2,400 | Unfurnished |
| 5 | 3 | 2 | — | $2,019 | $11,729 | $12,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 20
Refrigerator: 20
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
4.21%
NOI / List Price
Net Operating Income: $193,492
Interior
Heating: Wall Furnace
Appliances: Microwave, Refrigerator
Exterior
Stories Total: 2
Levels: Two
Security Features: Gated Community
Pool: In Ground
Garage and Parking
Parking: Covered, Gated
Parking Total: 20
Lot Information
Land Lease: No
Parcel #: 2219018018
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Community Features: Gated
