5535 Hazeltine Avenue, Sherman Oaks, CA 91401
- $1,299,000
- 3
- BD
- 2
- BA
- 1,537
- SqFt
- List Price
- $1,299,000
- Status
- ACTIVE
- MLS#
- 26845633
- Year Built
- 1936
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,537
- Lot Size
- 10,533
- Acres
- 0.24
- Lot Location
- Front Yard, Yard
- Days on Market
- 53
- Property Type
- Single Family Residential
- Style
- See Remarks
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
Exceptional development opportunity in the heart of Sherman Oaks. Situated on a sprawling 10,533 sq. ft. lot, this property offers tremendous potential for redevelopment, expansion, or a custom residential project. With a large, usable parcel and favorable lot dimensions, the property presents an attractive opportunity for builders, developers, investors, and owner-users seeking to capitalize on California's SB9 regulations and evolving housing opportunities (Buyer to independently verify all development potential, zoning requirements, and permitted uses). The existing residence is being sold primarily for land value, making this an ideal canvas for a new construction project, multi-unit development, small-lot subdivision, or custom estate. Numerous nearby redevelopment projects and new construction homes have transformed the surrounding neighborhood, highlighting the area's continued growth and demand. Located within the highly rated Chandler Elementary and Louis Armstrong Middle School District along with convenient access to Ventura Boulevard's renowned restaurants, shopping, entertainment, parks, and major transportation corridors. Rare opportunity to acquire a sizable lot with exceptional upside potential in a premier Sherman Oaks location.
Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Andrew Dinsky (andrewdinsky@gmail.com) from Listing Office: Equity Union.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.