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 Val
MLS #
CRGD24059268
MLS Source
California Regional MLS
Days on Site
49
Buyer's Brokerage Compensation*
2.00
Appliances
Oven Range, Oven Range - Electric
Flooring
Laminate
Laundry
Community Facility
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
8710 Kester Ave is a Residential Income in Panorama City, CA 91402. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,499,000 and was built in 1962.
This address can also be written as 8710 Kester Ave, Panorama City, CA 91402.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 26, 2024. For the most current information, please contact Steven Gutierrez-Kovner, (818) 275-7015