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Incredible Homesite In Sherman Oaks, CA

$ 199,000.00
$495 Processing Fee

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!

  • Processing Fee: $ 495.00
  • Deed Type: Grant Deed
  • Legal Description: TRACT NO 8986 LOT 45
  • Cash Sale: $ 199,000.00
  • Road Access: Paved Road
  • Zoning: 010V
  • Utilities: power, water, and sewer on site and nearby
  • Taxes: $2,197.71

Basic Facts

Location: 3923 Deer Avenue Sherman Oaks, CA 91423 Status: Parcel Number: 2272-026-023

Lot Size

Lot size: .39 acres

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