8710 Kester Avenue

Los Angeles, CA 91402

$4,499,000

Listed Price
30

bed Beds

38

shower Baths

18,255 sqft

straighten $246 sqft

1962

calendar_month Built

Property Description

An amazing investment opportunity with significant upside potential, 8710 Kester in Panorama City is within a half mile of the Primestor-planned Panorama City Center, whose approx. 5 million square feet “redevelopment project brings a dynamic mixed-use environment including shopping, sit-down restaurants, health and wellness services, event gathering destinations, a range of housing options, and remote working areas.” Kester will be equally close to the planned East San Fernando Valley Light Rail Line, with a planned Metro stop at the City Center. With a diversified mix of two – 3/3 and eight – 2/3 unique townhome-style, plus three – 2/2, and two – 1/1 single level apartments, these well-maintained 15 units built in 1962 offer exceptional roominess (averaging 1217sf per unit) over 18,255sf GLA on a 21,622sf lot. Boasting 15 covered parking spots, newer roof, central AC and all-copper plumbing, these fully-occupied, all-electric units sit in the heart of this local redevelopment boom, with hundreds of apartments recently built (Panorama Tower) or slated for development … along with another nearby proposed mixed use “Icon at Panorama” project (adjacent to the Panorama City Center). whose almost-600,000sf residential/retail combination will make 8710 Kester a highly-coveted SF Valley address for decades to come!

Listing Information

Address 8710 Kester Avenue
City Los Angeles
State CA
Zip 91402
County Los Angeles
Listing Agent Steve Gutierrez-Kovner DRE #01441197
Courtesy Of JohnHart Real Estate
MLS GD24059268
List Price $4,499,000
Status Active
Type Commercial
Structure Size 18,255 sqft
Lot Size 21,652 sqft
Year Built 1962

Maps

Listing information courtesy of: Steve Gutierrez-Kovner, JohnHart Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of 04/28/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.