Fabulous Development Opportunity in Prestigious Sherman Oaks Neighborhood South of the Blvd. 1 of 4 Upslope Lots with street access available. Utilities should be nearby. Will sell 1 or all. Additional adjacent APN's available from same seller are 2274020022, 2274020023 and 2274020024. Other adjacent lots are currently available as well. Please check the MLS. Owner may carry, submit terms.
Discover your opportunity to build the home of your dreams on this elite parcel of land in the coveted Sherman Oaks Hills. The lot with approximately 0.35 acre comes with all engineering plans including Geo, Soils, topography survey, biological resources report and expired permit. The plans features a 3000 square feet two-story modern architectural designed home that will showcase panoramic green belt, city lights, and canyon views from the open living spaces, extensive deck balconies and a two car garage/basement and exterior retaining walls, surrounded by multi-million-dollar custom homes. This property boast a superb location with all utilities available at the street. Close proximity to highly rated Buckley school and Fossil Ridge Park and only minutes to the Bel Air Glen Center and Ventura Boulevard trendy shops, restaurants, and nightlife entertainment. A one of kind opportunity for owner or developer to own a spectacular view lot with plans in one of Sherman Oaks prime neighborhoods. With these key attributes noted above, the construction costs including land cost would be about $2 Mil. Projected resale value with closest recent new construction comps selling over $3Mil+. Google drive link with additional information available (Soil, Arc, Structural and Civil, etc..). Plea
This generous up-slope lot is located in the hills of Sherman Oaks with unobstructed views of the valley below. The city lights just sparkle beautifully . Utilities in the street with new and older construction adjacent to the property. An opportunity to build your dream home!
The survey and slope band analysis was done in 2017.The tree report was also done for both this lot and 3742 Oakfield Dr, lots in combination. In 2017There was a preliminary plan designed for a combination of both lots around 2017.Subsequently, soil and geology were done and submitted to the department of building and safety of the city of Los Angeles and received approval for construction. The water connection fee was also paid to the DWP. All documents above will show that these vacant lots are buildable. They are also available for the buyer to review, but the buyer must revisit and update all documents.
The survey and slope band analysis was done in 2017.The tree report was also done for both this lot and 3734 Oakfield Dr, lots in combination. In 2017There was a preliminary plan designed for a combination of both lots around 2017.Subsequently, soil and geology were done and submitted to the department of building and safety of the city of Los Angeles and received approval for construction. The water connection fee was also paid to the DWP. All documents above will show that these vacant lots are buildable. They are also available for the buyer to review, but the buyer must revisit and update all documents.
The survey and slope band analysis was done in 2019.The tree report was done in 2019.There was a preliminary plan designed for the location. Soil and Geology were done and submitted to the department of building and safety of the city of Los Angeles and received approval for construction. The water connection fee was also paid to the DWP. All documents above will show that these vacant lots are buildable. They are also available for the buyer to review, but the buyer must revisit and update all documents.
APN: 2274-020-019. Discover a rare opportunity to own a substantial 3.37 acre lot, zoned LARE15, in the heart of Sherman Oaks. This expansive lot is sloped and offers stunning city and canyon views nestled in a serene, quiet neighborhood near the Buckley School and Fossil Ridge Park. Lot is currently landlocked and buyer would need to purchase one of the neighboring lots that fronts Camino De La Cumbre to gain street access and facilitate development. Buyer to verify all information and rely on their own investigations.
APN: 2274-020-019. Discover a rare opportunity to own a substantial 3.37 acre lot, zoned LARE15, in the heart of Sherman Oaks. This expansive lot is sloped and offers stunning city and canyon views nestled in a serene, quiet neighborhood near the Buckley School and Fossil Ridge Park. Lot is currently landlocked and buyer would need to purchase one of the neighboring lots that fronts Camino De La Cumbre to gain street access and facilitate development. Buyer to verify all information and rely on their own investigations.
The median home value in Sherman Oaks, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Sherman Oaks, CA is $912,500. Approximately 33.96% of Sherman Oaks homes are owned, compared to 58.13% rented, while 7.92% are vacant. Sherman Oaks real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sherman Oaks real estate agent to arrange a tour today!
Sherman Oaks 91423 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.