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$1,700,000
Est. payment /mo
8,489 Sqft Lot
UPDATED:
01/15/2025 12:53 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25008391
HOA Y/N No
Lot Size 8,489 Sqft
Property Description
Fantastic location to build an entitled 5 story on grade apartment project consisting of a total of 22 units (18 apartments and 4 ADUs and including 2 very low income units) in Sherman Oaks. The entitled site currently has a 2,040 sq.ft. industrial/light manufacturing building on it with a month to month tenant. The plans consist of 6 one bedroom/one bath units, 10 one bedroom plus den/two bath units, 2 two bedroom plus den/2 bath units and 4 ADUS which can be made into three bedroom/2.5 bath units, and 150 square feet of commercial space. The project parks 8 stalls.
* .189 acres; 8,519.6 sq.ft.
* Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station
* Project is located directly across the street from the Studio City DASH (which drops off at Valley College)
* Project is located less than a half a mile from Valley College
* Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
* .189 acres; 8,519.6 sq.ft.
* Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station
* Project is located directly across the street from the Studio City DASH (which drops off at Valley College)
* Project is located less than a half a mile from Valley College
* Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAC1
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Storm Drain(s), Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 2343001018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Scott Pinkerton • Century 21 Peak • 818-621-7732