Property listed by Beverly and Company, Joe Goldin 818-835-4414
$1,390,000
PRIME SHERMAN OAKS VALUE-ADD OPPORTUNITY ON AN OVERSIZED 10,000+ SQ FT FLAT LOT — EXCELLENT ADU & REDEVELOPMENT POTENTIAL
Exceptional opportunity in one of Sherman Oaks’ most desirable pockets. This rare oversized flat lot offers the perfect opportunity for homeowners, investors, contractors, and builders seeking immediate livability with substantial upside to… Read More expand, remodel, or redevelop.
The existing residence features approximately 1,400 sq ft with 2 bedrooms and 2 bathrooms, plus a detached 1-bedroom guest unit with a private entrance. The property includes a pool, generous outdoor grounds, and updated finishes, making it move-in ready for an owner-user while still offering tremendous potential to further personalize or maximize value.
The oversized flat lot can accommodate up to 2 additional ADUs for strong income potential. No rezoning or variance required (buyer to verify). This highly sought-after area of Sherman Oaks continues to experience strong redevelopment activity and impressive resale comps.
Ideal for multigenerational living, rental income, or a high-upside value-add project in a prime Sherman Oaks corridor. The combination of lot size, location, existing guest unit, and future development potential is rarely available at this price point.
Located minutes from Ventura Blvd dining, shopping, entertainment and top rated schools with easy access to the 405 and 101 freeways.
Priced to sell!!! One of the lowest priced homes per square foot in the area based on lot size and location. Seller is motivated and ready to review serious offers.
Buyer to independently verify all zoning, permits, ADU possibilities, and development requirements with the city.
Schedule your private showing today. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
2
Square Ft.
1,395
Lot Size
0.24 Acres
Year Built
1949
MLS Number
SR26107780
Additional Details
Appliances & Equipment
GasRange
Building
Built in 1949, Living area: 1395.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1, Construction Materials: Frame, Stucco
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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