Description
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 $3,400,000+, this project offers a significant equity spread for builders or a dream custom home for an end-user.
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5BEDS
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0.14ACRES
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5BATHS
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11/2 BATHS
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3,226SQFT
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$356$/SQFT
Description
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 $3,400,000+, this project offers a significant equity spread for builders or a dream custom home for an end-user.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-13T17:32:49.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or SLO Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.