8710 Kester Avenue

Panorama City, CA 91402

$4,499,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A 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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Laminate, Tile
Fireplace Information
Features Living Room
Interior Information
Features Balcony, Granite Counters, Storage

Listing Information

Address 8710 Kester Avenue
City Panorama City
State CA
Zip 91402
County Los Angeles
Listing Agent Steven Gutierrez-Kovner DRE#01441197
Courtesy Of JohnHart Real Estate
MLS GD24059268
List Price $4,499,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 21,659
Year Built 1962

Exterior Information

Maps

Listing information courtesy of: Steven Gutierrez-Kovner, JohnHart Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 26th, 2024 at 10:20 AM 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.