Description
R3 ZONED property! Right in the heart of Sherman Oaks. This is the property your builders have been waiting for. What an incredible opportunity to develop one of the last few R3 zoned lots in Sherman Oaks. Just steps away from Ventura Boulevard. It has the potential to build up to 9 units, possibly more with a density bonus, for maximum income. On the property currently sits a well maintained two bedroom, two bath home. The home is traditional in style, with hardwood floors, and original tile. In both living spaces is a charming dual sided brick fireplace. The home has the grace and presence of the 1940s. This could make for an exceptional rental while planning your development project. Many years ago, the owners added a detached ADU to the back of the property. This is a separate one bedroom living space which includes, a living room, kitchen, bedroom, walk in closet, and a full bath. The ADU is currently tenant occupied. There is a spacious two car garage in the back of the property for the main house. It also offers a peaceful little courtyard and parking space just behind the main home. Walking distance to all the finest restaurants and shops that Sherman Oaks has to offer. Centrally located for your convenience to the canyons and the 101 Freeway. Do not miss this one, it will go quickly!
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3BEDS
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0.17ACRES
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2BATHS
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11/2 BATHS
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2,099SQFT
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$738$/SQFT
Description
R3 ZONED property! Right in the heart of Sherman Oaks. This is the property your builders have been waiting for. What an incredible opportunity to develop one of the last few R3 zoned lots in Sherman Oaks. Just steps away from Ventura Boulevard. It has the potential to build up to 9 units, possibly more with a density bonus, for maximum income. On the property currently sits a well maintained two bedroom, two bath home. The home is traditional in style, with hardwood floors, and original tile. In both living spaces is a charming dual sided brick fireplace. The home has the grace and presence of the 1940s. This could make for an exceptional rental while planning your development project. Many years ago, the owners added a detached ADU to the back of the property. This is a separate one bedroom living space which includes, a living room, kitchen, bedroom, walk in closet, and a full bath. The ADU is currently tenant occupied. There is a spacious two car garage in the back of the property for the main house. It also offers a peaceful little courtyard and parking space just behind the main home. Walking distance to all the finest restaurants and shops that Sherman Oaks has to offer. Centrally located for your convenience to the canyons and the 101 Freeway. Do not miss this one, it will go quickly!
Based on information from CRISNet MLS as of 2023-03-23T23:56:58.303. 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Based on information from the i-Tech MLS as of 2023-03-23T23:56:58.303. 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.