Property listed by Equity Union, Andrew Dinsky 818-989-2000
$1,299,000
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
Listing Snapshot
Days Online
9
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,537
Lot Size
0.24 Acres
Year Built
1936
MLS Number
26845633
Additional Details
Building
Built in 1936, Living area: 1537.0, Levels: One
Cooling
CentralAir
Heating
Central
Laundry
SeeRemarks
Lot
0.2418 acres, Dimensions: 90x117, FrontYard, Yard
Parking
2 total parking spaces, Driveway, Garage
Pool
None
Property
Fixer
Taxes
Parcel Number: 2245026064, Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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