$1,259,000
Investors !! Unlock the potential of this exceptional development project located in one of Sherman Oaks’ most coveted and prestigious neighborhoods. This is a true "shovel-ready" opportunity, delivered with Ready-to-Issue (RTI) permits and fully approved plans, allowing you to break ground immediately and bypass the lengthy entitlement process. Designed with modern luxury and maximum ROI in mind, the plans feature a sophisticated main residence of 4bd/4bth complemented by a detached Accessory Dwelling Unit (ADU) 1bd/1bth —, a private guest house, or a high-end home office. Totaling a 5bd/5bth 3000+ sqft. With comparable new construction projects in the immediate area selling for $3,600,000+, this project offers a significant equity spread for builders or a dream custom home for an end-user.
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Listed by George Hanna with Colonial Real Estate (562) 824-0135
Property Type
Single Family Residence
Status
Active
MLS Number
SR26095694
Year Built
1946
Lot Size
6,046 sq ft