Listing LD7425

Incredible Homesite In Sherman Oaks, CA

Price$139,000
Los Angeles, CA0.39 acresAPN 2272-026-023
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Property Description

Welcome to 3923 Deer Avenue, Sherman Oaks, a premier location that borders Bel-Air and Beverly Hills, home to many celebrities and notable Los Angeles residents. A rare opportunity awaits you to own a breathtaking 17,000 sqft upslope vacant Lot located in the highly exclusive outer corridor of Mulholland Scenic Parkway. This Land offers panoramic views of the mountains and valley, ensuring utmost privacy tucked away in the hills of Sherman Oaks. The icing on the cake is that the architectural plans for the project have already been created by the renowned architect Ryan Knock based in San Francisco. The design has been developed to best utilize the features of the lot while keeping in consideration the cost of building and trying to make the smartest use of the land in accordance with the guidelines of the Los Angeles Department of City Planning and the Mulholland Scenic Parkway Specific Plan (MSPSP). The duplex project includes a 1300 sqft Single Family Home and a 670 sqft Accessory Dwelling Unit (ADU), both designed to maximize the incredible views. In addition, the lot comes with water, electrical and sewer already available on site or nearby. The project is also complete with topographic survey, soil report, geological studies, grading, drainage, and erosion control plans. This project is ready for Plan check Review Procedure by City Planning and the Mulholland Design Review Board. The ADU offers increased rental income potential and flexibility in terms of living arrangements. It can be used as a separate living space for family members, as a home office, or it can be rented out for additional income. The addition of a second unit can increase the overall value of the property, providing additional living space and income potential. Finally, the 2,500 sqft. of outdoor patios and decks, along with the covered 2 car garage, makes it even more desirable in the Southern California climate. Don’t miss out on this incredible investment opportunity!

0.39
Acres
Property Address
3923 Deer Avenue
Parcel Number (APN)
2272-026-023
GPS Coordinates (Center)
34.139720, -118.431357
Parcel Boundaries
P1: 34.139952, -118.431298 P2: 34.139872, -118.431252 P3: 34.139830, -118.431233 P4: 34.139481, -118.431233
4 of 6 boundary points shown. Copy to get them all.
County
Los Angeles
State
CA
City
Sherman Oaks
ZIP Code
91423
Property Location

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GPS Coordinates

34.139720, -118.431357

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General

Listed By
Westview Land

Contact: Makenzie Sephton

Land is the simplest and most raw real estate asset class, and they are not making any more of it! Most real estate investors focus on commercial or residential properties, already-built homes, or buildings, leaving less competition for what we find to be the most undervalued and favorable investment: land. Whether you are looking to build a home or commercial structre, develop a ranch, or just buy and hold, you will find the ideal piece of land on westviewland.com. Harris Investments, LLC is the parent company of Westview and has been in the real estate investing business since 2008. Our company initially was founded for the purpose of investing in single family homes, but in 2010 and 2011 we began investing in land which quickly became our primary business strategy. We generally purchase land in foreclosure sales which enables us to buy with deep discounts. We then sell these properties at a tremendous value to our buyers.

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Important Disclaimer:

Buyers are responsible for conducting their own due diligence, including but not limited to: verifying property boundaries, utilities availability, zoning restrictions, access rights, and any HOA requirements. We recommend visiting the property in person and consulting with professionals before making a purchase decision. All information provided is believed to be accurate but not guaranteed.

$139,000
Westview Land

Westview Land

Makenzie Sephton
All Westview Land Listings

Listing Price

$139,000

0.39 acres / Los Angeles, CA