We are pleased to offer for sale the fee-simple interest in a rare parcel of land housing a single-family dwelling on one of the last available development sites in Sherman Oaks, just north of the 101 freeway. Located in one of the most desirable pockets of the Eastern San Fernando Valley on Valleyheart Drive, this property is situated on a large corner lot (Valleyheart Drive and Noble Avenue). Just a short drive away is the famous Ventura Boulevard and it's various attractions including an abundance of theatres, coffee shops, high-end eateries, and trendy shops as well as proximity to major freeways and business hubs of Los Angeles County.This lot currently houses a small, 900 SF single-family dwelling that can produce rental income during the planning stages of future development. The lot is zoned R1 and the best use for the land is to tear down the small home and build a brand new one on the lot.
|Lot Square Feet||≈ 7,599|
|Area||SO - Sherman Oaks|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Filip Niculete|
|Listing Agent BRE #||01905352|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, February 16, 2018.
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