Pending

5003 Kester Avenue

Sherman Oaks, CA 91403

$1,150,000 $4,848/Mo

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Overview

Bed

Bath

1,624

Sqft

6,232

Sqft(Lot)

Description

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 s ignificant upside in one of the Valley’s most sought-after communities.

Property Details

Property Type : Residential

Price : $1,150,000

AD Id : 76771098

MLS Id : SR26071403

Beds : 4

Lot Size : 6,232 Sqft

Living Area Size : 1,624

Year Built : 1948

Garage : 1

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Composition Interior Features: All Bedrooms Down Fireplace: None
Cooling Features

Wall/Window Unit(s) Air Conditioning

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1948 Construction: Stucco,Wood Siding Roof: Composition
Pool Features

None

Laundry Features

In Garage

Fencing

Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1431
Lot Size Source: Assessor Lot Size Square Feet: 6232

Listing Price Information

Original List Price: 1,150,000 Listing Contract Date: 2026-04-03
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 2263012038

Garage and Parking

Garage Description: Garage Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: SO - Sherman Oaks Directions: SE corner of Kester and Addison Zoning: LAR3 Source Property Type: Residential Area: SO - Sherman Oaks Property SubType: Duplex
Building and Construction

Property Age: 78 Common Walls: No Common Walls Property Condition: Fixer Structure Type: Duplex Year Built Source: Assessor Total Square Feet Living: 1624 Entry Level: 1 Entry Location: Front Levels or Stories: One Building Total Stories: 1 Structure Type: Duplex

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4617 Tilden Avenue, Sherman Oaks, CA, 91403	$1,229,000	4	3	2,082	2,082 SqFt
14948 Moorpark Street, Sherman Oaks, CA, 91403	$3,050,000	12	14	7,036	7,036 SqFt

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ByOwner last updated this listing 06/16/2026 @ 03:18

MLS: SR26071403 LISTED BY: Simon Mills, Mills Realty of California 818-763-4462 SOURCE: CRMLS