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4703 Saloma Ave Sherman Oaks, CA 91403
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Key Details
Sold Price $1,350,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,126 sqft
Price per Sqft $1,198
MLS Listing ID 24-391497
Sold Date 07/11/24
Style Other
Bedrooms 2
Full Baths 1
Construction Status Fixer, Tear Down
HOA Y/N No
Year Built 1937
Lot Size 6,759 Sqft
Acres 0.1552
Property Description
Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks, RTI. Build a 3,000 plus square foot modern home including a pool and ADU on the second floor. Situated on a 6,757 square foot lot this home set on a beautiful, wide tree lined street. With permits ready-to-issue (RTI), this property provides a unique opportunity for investors, real estate developers, and/or remodel savvy buyers. Just 1.5 blocks north of Ventura Blvd and nestled in a desirable neighborhood with growing increase in property values and new homes, the location boasts excellent, walkable proximity to restaurants, shops, cafes, entertainment. An ideal location for easy commutes, great schools, local amenities and an abundant lifestyle. Architectural plans included are thoughtful, sophisticated and showcase a sleek modern design. With the low ARV and the ready-to-issue permits that include a pool plus an expansive ADU that could be an extraordinary primary suit - this property offers an incredible opportunity for your next investment or project. Please view all photos to see renderings, current condition and street view. Imagine all the possibilities and more.
Location
State CA
County Los Angeles
Area Sherman Oaks
Zoning LAR1
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Other
Cooling None
Flooring Other
Fireplaces Type Living Room
Equipment Other
Laundry Inside
Exterior
Parking Features Driveway
Garage Spaces 2.0
Pool None
View Y/N No
View None
Building
Lot Description Fenced Yard
Story 1
Architectural Style Other
Level or Stories One
Construction Status Fixer, Tear Down
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard
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Bought with Compass