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$1,150,000
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Property Description
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.
Full Property Details
Full Property Details for 5003 Kester Ave
General
- Price: $1,150,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: SR26071403
- Updated: 5/8/2026
- Days on Market: 54 days
- Added to Site: 54 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage
Location
- County: Los Angeles
- Driving Directions: SE corner of Kester and Addison
School Information
- School District: Los Angeles Unified
- Elementary School: KESTER
Community
- Community Features: Curbs
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Duplex
- Construction: Wood Siding, Stucco
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,624
- Sq. Ft. Source: Assessor
- Year Built: 1948
- Year Built Source: Assessor
- Property Condition: Fixer
Lot Features
- Property View: None
- Lot Size (Acres): 0.1431
- Lot Size (Sq. Ft.): 6,232
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Corner Lot
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $708.13
Disclosures and Reports
- Special Conditions: Standard
Listed by Mills Realty of California, Simon Mills
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Schools
Schools serving 5003 Kester Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Kester Avenue Elementary School 5353 Kester Ave., Los Angeles, CA 91411 | PK-5 | 0.4 mi |
Van Nuys Middle School 5435 Vesper Ave., Los Angeles, CA 91411 | 6-8 | 0.7 mi |
Van Nuys Senior High School 6535 Cedros Avenue, Los Angeles, CA 91411 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5003 Kester Ave
Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$1,150,000
-4.17%
MLS
4/03/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5003 Kester Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,306
5%
$77,155
4%
2023
$1,239
4%
$74,160
2%
2022
$1,191
2%
$72,707
2%
2021
$1,169
—
$71,283
1%
2020
$1,174
3%
$70,553
2%
2019
$1,140
3%
$69,170
2%
2018
$1,110
2%
$67,815
2%
2017
$1,088
4%
$66,486
2%
2016
$1,048
1%
$65,183
2%
2015
$1,036
-2%
$64,205
2%
2014
$1,054
—
$62,948
—
2013
$1,054
—
$62,664
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5003 Kester Ave
5003 Kester Avenue, Sherman Oaks, CA 91403 (MLS# SR26071403) is a Duplex property with 4 bedrooms and 2 full bathrooms. 5003 Kester Avenue is currently listed for $1,150,000 and was received on April 03, 2026. Want to learn more about 5003 Kester Avenue? Do you have questions about finding other Duplex real estate for sale in Sherman Oaks? You can browse all Sherman Oaks real estate or contact a Coldwell Banker agent to request more information.

