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.
| MLS # | SR26095694 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | New Construction |
| Status | Active Under Contract |
| Year | 2026 |
| Days On Site | 142 |
| Listing Provided By | Colonial Real Estate | George Hanna |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,226 |
| Garage | 2 |
| Pool | Yes |
| Story(s) | 2 |
| Units | 1 |
| Acreage | 0.14 |
| Property View | Yes |
| Cooling | Energy Star Qualified Equipment, Attic Fan |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | Beamed Ceilings, Built In Features, Balcony, Ceiling Fans, Bedroom On Main Level, Primary Suite, Walk In Closets |
| Fireplace Yes / No | Yes |
| Lot Features | Zero To One Unit Acre |
|---|
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Community Features | Mountainous, Suburban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Sherman Oaks |
| Zip Code | 91403 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91403) | |
Price: $1,139,000 low | high Med: $1,500,000 sqft: 3,226 low | high Med: 4,837 $ / sqft: $353 low | high Med: $310 On site: 142 low | high Med: 27 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Sherman Oaks |
| Zip Code | 91403 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91403) | |
Price: $1,139,000 low | high Med: $1,500,000 sqft: 3,226 low | high Med: 4,837 $ / sqft: $353 low | high Med: $310 On site: 142 low | high Med: 27 | |