Seller highly motivated. Accepting all offers. Rare development opportunity in prime Sherman Oaks, South of the Blvd. Approx. 6,300 sq ft lot with LADBS-approved plans for a luxury residence. Approved plans include approximately 4,800 sq ft total living space. Lower level (street level) approx. 2,400 sq ft basement with flexibility for buyer modifications and additional rooms. Upper level includes 3 bedrooms and 3 bathrooms, approximately an additional 2,400 sq ft. Approved design features include approx. 24 ft building height and 96 ft length with rooftop deck potential. Caissons and grading completed; permits issued and plan check fees paid. Buyer to take over and complete construction. Seller provides approved plans, completed work to date, LADBS inspection approvals, soil engineering report, and survey report. Per permit requirements, four oak trees must be planted after completion of construction. There is a B permit. Excellent location near shops, dining, and schools. Buyer to verify all information and development potential. Property visible from street; showings by appointment only.
Details
MLS #
26833673
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
101
Listing Provided By
TruLine Realty | Nelli Aleksanyan
Features
Zoning
LAR1
Acreage
0.14
Property View
Yes
Utilities
Sewer
Other
Area Information
State
CA
County
Los Angeles
City
Sherman Oaks
Zip Code
91403
Area
SO Sherman Oaks
Listing VS Median (in 91403)
Price: $335,000
low | high
Med: $999,000
100% of Average
On site: 101
low | high
Med: 3
100% of Average
Sourced by Back At You
Market Activity 91403
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 5
Avg $ Per SqFt: $612.89
Min Sale Price: $410,000
Max Sale Price: $3,385,000
Med Sale Price: $865,000
Date: Jun 2026
Sales: 8
Avg $ Per SqFt: $707.24
Min Sale Price: $555,000
Max Sale Price: $3,650,000
Med Sale Price: $1,823,500
Date: May 2026
Sales: 12
Avg $ Per SqFt: $731.54
Min Sale Price: $535,000
Max Sale Price: $4,200,000
Med Sale Price: $1,710,507
Date: Apr 2026
Sales: 6
Avg $ Per SqFt: $747
Min Sale Price: $446,400
Max Sale Price: $2,850,000
Med Sale Price: $1,663,750
Date: Mar 2026
Sales: 16
Avg $ Per SqFt: $85837.15
Min Sale Price: $650,000
Max Sale Price: $4,150,075
Med Sale Price: $1,739,500
Date: Feb 2026
Sales: 11
Avg $ Per SqFt: $650.3
Min Sale Price: $563,500
Max Sale Price: $2,375,000
Med Sale Price: $950,000
Date: Jan 2026
Sales: 11
Avg $ Per SqFt: $697.83
Min Sale Price: $418,500
Max Sale Price: $2,900,000
Med Sale Price: $1,535,000
Date: Dec 2025
Sales: 5
Avg $ Per SqFt: $544.05
Min Sale Price: $540,000
Max Sale Price: $1,850,000
Med Sale Price: $713,600
Date: Nov 2025
Sales: 6
Avg $ Per SqFt: $596.27
Min Sale Price: $595,000
Max Sale Price: $2,050,000
Med Sale Price: $920,000
Date: Oct 2025
Sales: 2
Avg $ Per SqFt: $1013.3
Min Sale Price: $2,260,000
Max Sale Price: $3,300,000
Med Sale Price: $2,780,000
Date: Sep 2025
Sales: 4
Avg $ Per SqFt: $449.3
Min Sale Price: $515,000
Max Sale Price: $917,500
Med Sale Price: $644,250
Sourced by Back At You
Jul 2026
Sales:
5
Avg $ Per SqFt:
$612.89
Min Sale Price:
$410,000
Max Sale Price:
$3,385,000
Med Sale Price:
$865,000
Jun 2026
Sales:
8
Avg $ Per SqFt:
$707.24
Min Sale Price:
$555,000
Max Sale Price:
$3,650,000
Med Sale Price:
$1,823,500
May 2026
Sales:
12
Avg $ Per SqFt:
$731.54
Min Sale Price:
$535,000
Max Sale Price:
$4,200,000
Med Sale Price:
$1,710,507
Apr 2026
Sales:
6
Avg $ Per SqFt:
$747
Min Sale Price:
$446,400
Max Sale Price:
$2,850,000
Med Sale Price:
$1,663,750
Mar 2026
Sales:
16
Avg $ Per SqFt:
$85837.15
Min Sale Price:
$650,000
Max Sale Price:
$4,150,075
Med Sale Price:
$1,739,500
Feb 2026
Sales:
11
Avg $ Per SqFt:
$650.3
Min Sale Price:
$563,500
Max Sale Price:
$2,375,000
Med Sale Price:
$950,000
Jan 2026
Sales:
11
Avg $ Per SqFt:
$697.83
Min Sale Price:
$418,500
Max Sale Price:
$2,900,000
Med Sale Price:
$1,535,000
Dec 2025
Sales:
5
Avg $ Per SqFt:
$544.05
Min Sale Price:
$540,000
Max Sale Price:
$1,850,000
Med Sale Price:
$713,600
Nov 2025
Sales:
6
Avg $ Per SqFt:
$596.27
Min Sale Price:
$595,000
Max Sale Price:
$2,050,000
Med Sale Price:
$920,000
Oct 2025
Sales:
2
Avg $ Per SqFt:
$1013.3
Min Sale Price:
$2,260,000
Max Sale Price:
$3,300,000
Med Sale Price:
$2,780,000
Sep 2025
Sales:
4
Avg $ Per SqFt:
$449.3
Min Sale Price:
$515,000
Max Sale Price:
$917,500
Med Sale Price:
$644,250
MLS Number: 26833673
Nelli Aleksanyan – nellyaleksanyan@gmail.com
TruLine Realty – (323) 389-5432
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
