$1,385,000
$999,000
38.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
7,250 Sqft Lot
SOLD DATE : 03/26/2024
Key Details
Sold Price $1,385,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24032031
Sold Date 03/26/24
Bedrooms 2
HOA Y/N No
Lot Size 7,250 Sqft
Property Description
Rare find Excellent investment/development opportunity! 7,250 sq ft lot, 50 x 145 zoned R3 available in a prime area of Sherman Oaks. Lot currently contains a single-family home with multi-family units to one side and behind. R3 allows for up to 9 units by right. The property is adjacent to the Van Nuys-Sherman Oaks Recreational park ensuring spectacular views for future units! Centrally located near shopping, dining, and nearby access to the 101 & 405 freeways. Dont miss out on this great location and development opportunity!
Rare find Excellent investment/development opportunity! 7,250 sq ft lot, 50 x 145 zoned R3 available in a prime area of Sherman Oaks. Lot currently contains a single-family home with multi-family units to one side and behind. R3 allows for up to 9 units by right. The property is adjacent to the Van Nuys-Sherman Oaks Recreational park ensuring spectacular views for future units! Centrally located near shopping, dining, and nearby access to the 101 & 405 freeways. Dont miss out on this great location and development opportunity!
Location
State CA
County Los Angeles
Area Sherman Oaks (91423)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Brick, Stucco
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Stephanie Vitacco • Equity Union
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "