Exceptional development opportunity in the heart of Sherman Oaks. Situated on a sprawling 10,533 sq. ft. lot, this property offers tremendous potential for redevelopment, expansion, or a custom residential project. With a large, usable parcel and favorable lot dimensions, the property presents an attractive opportunity for builders, developers, investors, and… Read More owner-users seeking to capitalize on California's SB9 regulations and evolving housing opportunities (Buyer to independently verify all development potential, zoning requirements, and permitted uses). The existing residence is being sold primarily for land value, making this an ideal canvas for a new construction project, multi-unit development, small-lot subdivision, or custom estate. Numerous nearby redevelopment projects and new construction homes have transformed the surrounding neighborhood, highlighting the area's continued growth and demand. Located within the highly rated Chandler Elementary and Louis Armstrong Middle School District along with convenient access to Ventura Boulevard's renowned restaurants, shopping, entertainment, parks, and major transportation corridors. Rare opportunity to acquire a sizable lot with exceptional upside potential in a premier Sherman Oaks location. Read Less
Courtesy of Equity Union 818-989-2000
Listing Snapshot
Days Online
30
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,537
Lot Size
0.24 Acres
Year Built
1936
MLS Number
26845633
30 Days Snapshot Of 91401
$1.06M
0%
(avg) sold price
0
-100%
homes sold
54
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Other"
Building
1,537 sq ft, Built in 1936, Levels: "One Level", "Detached/No Common Walls", "Other"
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