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4825 Saloma Avenue, Sherman Oaks, CA 91403

3 Bed, 2 Bath Single Family Home For Sale

4825 Saloma Avenue, Sherman Oaks, CA 91403 Home For Sale - MLS #17261614
Off the Market
$1,199,000
3
2
Single Family
Traditional
This listing is courtesy of Daron Campbell from United Real Estate Los Angeles.

Property Description for 4825 Saloma Avenue, Sherman Oaks, CA 91403

Spectacular Sherman Oaks Development Opportunity - Build 2 Homes!!!This is a rare and potentially lucrative opportunity for a developer to acquire 3 separate lots and build 2 fantastic Sherman Oaks single family homes. Ideally located in the highly desirable area adjacent to the Sherman Oaks Galleria between Camarillo and the Ventura Freeway, this is a unique opportunity to purchase multiple lots next door to each other. The property currently consists of a 1,432 square foot single family home built in 1936. However, the home currently sits on 3 adjacent lots ideal for constructing two fabulous single family homes in an extremely desirable area. The combined 3 lots total approximately 13,852 square feet of flat, buildable acreage. Upon demolition of the existing home, a developer can "untie" the lots and begin construction. One set of plans for construction of a 3,600 square foot home has been submitted (before anti-Mc mansion ordinance was passed!).

Interior Details

1,432 sq. ft.
$837.29/sq. ft.

Exterior Details

0.32 acres
13,833 sq. ft.

Other Details

17261614
1936
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Monthly Mortgage Payments

$5,446
$7,585

Town Description

Sherman Oaks is part of the city of Los Angeles and is represented in the Los Angeles City Council by Second District City Councilman Paul Krekorian and Fifth District City Councilman [[Paul...

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