6956 Kester Avenue, Van Nuys, California 91405

ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 – VALID FOR 4 YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1) apartments; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 6.98%; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 3 attached ADU apartments; Addition of 3 ADU apartments satisfies the LADBS Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces