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A unique development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd. This is a great oppotunity for builders/contractors/investors to acquire this unentitled RD1.5 Zoning development site in the densely populated Sherman Oaks neighborhood. Conceptual plans for 4 single family homes with roof deck. Architectural drawings and tentative map are ready to be submitted to the city. Existing structure is a 894 Square feet single family home with 2 Bedrooms and 1 Bath, a detached garage and a basement. This property is situated within the Transit Oriented Communities (TOC) Tier 2. Property is sold for land value only. Buyer to verify zoning, incentives if any, and applicable requirements to renovate or develop the property with the appropriate city jurisdiction. Seller makes no representation as to habitability of existing structure, square footage of land, building, bedroom/bath count, and permits.
Listing agent: Ramin Favakehi DRE #01006682 RaminFavakehi@Gmail.com, Listing office: Ramin Favakehi, Broker
MLS data updated 11/3/2026, 12:59:07 AM PT
Source: CRMLS, MLS #: OC19112283
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 17, 2019
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91403 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.