Land for Sale in Van Nuys, California (Closed)

7239 Kester Avenue, Van Nuys, California 91405, US

$ 550,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 550,000
  • MLS ID: SR20264685
  • Property Type: Land
  • WEB ID: PR01718517
  • Property Status: Closed
  • Lot Size: 4,350sqft
  •  Land for Sale in Van Nuys, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 550,000
  • MLS ID: SR20264685
  • Property Type: Land
  • WEB ID: PR01718517
  • Property Status: Closed
  • Lot Size: 4,350sqft
We are pleased to represent 7239 Kester which is located in Van Nuys. Kester is an excellent property for an owner/builder/developer. Per the city of LA zoning, a new Junior ADU potentially can be added on the lot and the garage potentially can be converted to an ADU as well for additional revenue. Potential rental income after ADU additions can be $60,000 annually. Proforma GRM will be 9.1 and proforma CAP will be 8.1. In addition, the property is located in an opportunity zone area providing investors tax benefits. The front house currently has two bedrooms and one bath. The home features an updated kitchen, bath, side by side laundry, large fenced yard with 2 car garage spaces and a security gated lot. The subject is located within walking distance to restaurants and shopping with easy access to freeways and schools. Listing agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/dimensions, permitted or unpermitted spaces, zoning, rent control status or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspections & with appropriate professionals.

Additional Features

  • Rectangular Lot
  • Neighborhood
  • Listing Status: Closed
  • Listing Agent: Anie Mayelian (lic# 00778825) of Southland
  • Listing Office: Keller Williams Encino-Sherman Oaks (lic# 01811831)
  • Selling Agent: Deyber Garcia (lic# 02094833)
  • Based on information from CRISNet MLS as of 26th September 2026 at 11:02am. 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.

Areas of expertise
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