Listing provided courtesy of Simon Mills of Mills Realty of California. Last updated . Listing information © 2025 SANDICOR.
Asking Price: $1,200,000
5003 Kester Avenue, Sherman Oaks CA 91403
Community:
This Residential property was built in 1948 and is priced at $1,200,000. Please see the additional details below.
Excellent development opportunity in prime Sherman Oaks, north of the boulevard, situated on a flat corner lot in a highly desirable residential neighborhood close to Ventura Blvd shopping, dining, amenities and Kester Elementary. Currently improved with a duplex consisting of a 3 bed, 1 bath unit (1,184 SF) that is tenant occupied and a 1 bed, 1 bath unit (440 SF) with fire damage, this property is being sold for land value with the buyer to inherit the existing tenant. Zoned LAR3, the site offers strong potential for redevelopment, ideal for a developer, builder, or end user looking to construct a custom dream home or explore multi-unit possibilities. All utilities are already on site, providing a streamlined path for future development. Rare chance to secure a well-located parcel with significant upside in one of the Valleys most sought-after communities.
