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5319 Sylmar Avenue
Sherman Oaks, CA 91401
Sold
5319 Sylmar Avenue
Sherman Oaks, CA 91401
Sold
We are pleased to present a rare development opportunity at 5319 Sylmar Avenue in a highly sought-after residential neighborhood in Sherman Oaks. This exceptional property offers RTI (Ready-to-Issue) permits for a 4-unit luxury development, which will be added to an existing, 1940s single-family home at the front of the lot. The lot boasts a total size of ~8,670 square feet and is zoned {Q}RD1.5. The lot is buildable up to 6 units total by-right, allowing for additional development opportunities in the future.The approved RTI plans call for large, high-end units with a mix of (1) studio, (2) one-bedroom, and (1) two-bedroom unit, totaling 3,207 approximate square feet of living space. The vacant, single-family home currently on the lot is just under 1,400 square feet, consisting of two bedrooms and one bathroom. The integration of the single-family home into the development plans adds a unique touch of character to the overall design.
PROPERTY INFORMATION
| MLS # | 23268259 | Lot Size | 8,670 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,350,000
Price Per SqFt: $ 156 |
DOM | 761 Days |
| Address | 5319 Sylmar Avenue | Type | Land |
| City | Sherman Oaks | Sq.Ft. | 8,670 Sq. Ft. |
| Postal Code | 91401 | Garage | N/A |
| County | Los Angeles | Year Built | |
| Bed / Bath | 0 / 0 | Parking | N/A |
| Built In | Status | Closed | |
| Sold Date | 2023-06-29 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
Walk Score: 78 (Very Walkable)
Transit Score: 50 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,440
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/16/2023 | Active Under Contract | $1,350,000 |
| 05/08/2023 | Listed | $1,350,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Jake Glaser, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
