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 Valley’s most sought-after communities.
Sold for $1,050,000
Listed by: Mills Realty of California • Simon Mills • Contact: 818-763-4462
Bought with: Keller Williams Beverly Hills
Zestimate®
$1,050,000
5003 Kester Ave, Sherman Oaks, CA 91403
4beds
1,624sqft
Duplex
Built in 1948
6,232 Square Feet Lot
$1,050,000 Zestimate®
$647/sqft
$4,362 Estimated rent
Home value
$1,050,000
$956,000 - $1.16M
$4,362/mo
Zestimate® history
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Flat corner lot
Zillow last checked:
Listing updated:
Listed by:
Simon Mills DRE #01309436 818-763-4462,
Mills Realty of California
Bought with:
Dario Svidler, DRE #01884474
Keller Williams Beverly Hills
Jonathan Tran, DRE #01899843
Keller Williams Beverly Hills
Source: CRMLS,MLS#: SR26071403
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Garage
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,624 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Size: 6,232 Square Feet
- Features: Corner Lot
Details
- Parcel number: 2263012038
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Stucco, Wood Siding
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Sherman Oaks
Financial & listing details
- Price per square foot: $647/sqft
- Tax assessed value: $77,155
- Annual tax amount: $1,306
- Date on market: 4/3/2026
- Cumulative days on market: 65 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $1,050,000-8.7%$647/sqft |
Source:  CRMLS #SR26071403 Report a problem | ||
| 6/8/2026 | Pending sale | $1,150,000$708/sqft |
Source: CRMLS #SR26071403 Report a problem | ||
| 5/9/2026 | Price change | $1,150,000-4.2%$708/sqft |
Source: CRMLS #SR26071403 Report a problem | ||
| 4/4/2026 | Listed for sale | $1,200,000$739/sqft |
Source: CRMLS #SR26071403 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,306 +3.9% | $77,155 +2% |
| 2024 | $1,257 +1.5% | $75,643 +2% |
| 2023 | $1,239 +4% | $74,160 +2% |
| 2022 | $1,191 +1.9% | $72,707 +2% |
| 2021 | $1,169 -0.5% | $71,283 +1% |
| 2020 | $1,174 | $70,553 +2% |
| 2019 | $1,174 +5.8% | $69,170 +2% |
| 2018 | $1,110 | $67,815 +2% |
| 2017 | $1,110 +2% | $66,486 +2% |
| 2016 | $1,088 +3.9% | $65,183 +1.5% |
| 2015 | $1,048 -0.6% | $64,205 +2% |
| 2014 | $1,054 | $62,948 +2.5% |
| 2012 | -- | $61,437 +2% |
| 2011 | -- | $60,233 +0.5% |
| 2009 | -- | $59,926 +2% |
| 2008 | -- | $58,752 +4% |
| 2006 | -- | $56,473 |
| 2005 | -- | $56,473 -85.9% |
| 2004 | -- | $400,000 +650.6% |
| 2003 | -- | $53,288 +2% |
| 2002 | -- | $52,244 +4% |
| 2000 | -- | $50,217 |
Find assessor info on the county website
Neighborhood: Sherman Oaks
Nearby homes
- $856,0001 bd1 ba600 sqft5007 Kester Ave, Sherman Oaks, CA 91403Off Market
- $1,576,3009 bd5 ba3.9k sqft4975 Kester Ave, Sherman Oaks, CA 91403Off Market
- $---- bd-- ba-- sqft4975 Kester Ave APT 4, Sherman Oaks, CA 91403Off Market
- $--2 bd1 ba-- sqft4975 Kester Ave APT 3, Sherman Oaks, CA 91403Off Market
- $--1 bd2 ba-- sqft4975 Kester Ave #6, Sherman Oaks, CA 91403Off Market
- $--2 bd1 ba-- sqft4975 Kester Ave APT 2, Sherman Oaks, CA 91403Off Market
- $--1 bd1 ba845 sqft5015 Kester Ave, Sherman Oaks, CA 91403Off Market
- $--1 bd1 ba425 sqft5015 Kester Ave #A, Sherman Oaks, CA 91403Off Market
Nearby schools
GreatSchools rating
- 10/10Kester Avenue Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Van Nuys Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Van Nuys Senior High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Kester
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,050,000
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Estimated market value
$1,050,000
- California
- Los Angeles County
- Los Angeles
- 91403
- Sherman Oaks
- 5003 Kester Ave
Nearby cities
Nearby neighborhoods
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