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Sold for $930,000
  • Listing Provided by: Exp Realty of California Inc.
    Bought with: Exp Realty of California Inc.
    $930,000

    7049 Kester Ave, Van Nuys, CA 91405

    5beds
    3baths
    2,342sqft
    Triplex
    Built in 1949
    -- sqft lot
    $922,800 Zestimate®
    $397/sqft
    $3,386 Estimated rent

    Home value

    $922,800

    $831,000 - $1.02M

    $3,386/mo

    Zestimate® history
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    What's special

    Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a occupied 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters. A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces. There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Bradley Gilboe DRE #01957502 818-330-4227,

    Exp Realty of California Inc.,

    Stevie Marie Mersola DRE #02178932,

    eXp Realty of California Inc

    Bought with:

    Bradley Gilboe, DRE #01957502

    Exp Realty of California Inc.

    Stevie Marie Mersola, DRE #02178932

    eXp Realty of California Inc

    Source: CRMLS,MLS#: BB24116334MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Appliances
    • Laundry: See Remarks
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,342
    • Total interior livable area: 2,342 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, On Site, Shared Driveway
    • Garage spaces: 3
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 8,766 sqft
    • Features: Yard
    Details
    • Parcel number: 2220006002
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Van Nuys

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/6/2025Sold$930,000+3.4%$397/sqft
    Source: CRMLS #BB24116334 Report a problem
    2/14/2025Pending sale$899,000$384/sqft
    Source: CRMLS #BB24116334 Report a problem
    1/30/2025Listed for sale$899,000+375.7%$384/sqft
    Source: CRMLS #BB24116334 Report a problem
    12/1/1999Sold$189,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,732 +1.3%$950,372 +2%
    2024$11,587 +2%$931,738 +2%
    2023$11,365 +216.2%$913,470 +233.7%
    2022$3,594 +1.6%$273,714 +2%
    2021$3,539 -0.8%$268,348 +1%
    2020$3,568 $265,597 +2%
    2019$3,568 +8.8%$260,390 +2%
    2018$3,279 $255,285 +2%
    2017$3,279 +2.2%$250,280 +2%
    2016$3,208 +3.1%$245,373 +1.5%
    2015$3,112 +0.5%$241,688 +2%
    2014$3,097 $236,955 +2.5%
    2012-- $231,261 +2%
    2011-- $226,727 +0.8%
    2010-- $225,033 -0.2%
    2009-- $225,569 +2%
    2008-- $221,147 +2%
    2007-- $216,812 +2%
    2006-- $212,562
    2005-- $212,562 +4%
    2004-- $204,310 +1.9%
    2003-- $200,566 +2%
    2002-- $196,635 +4%
    2000-- $189,000

    Find assessor info on the county website

    Neighborhood: Van Nuys

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $922,800
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    Estimated market value
    $922,800