5535 Hazeltine Avenue, Sherman Oaks, CA 91401
List Price: $1.3M
Listing Status: Active
0Days on Market: 8
3 Bedrooms · 2 Bathrooms · 1,537 sq ft
Property Type: Residential
Year Built: 1936
Lot Size: 10,533 sq ft
Private Pool: Yes
MLS Number: 26845633
About This Property
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.
Listing provided by: Andrew Dinsky DRE #01724985 818-989-2000 andrewdinsky@gmail.com, Equity Union
Source: CRMLS, MLS #: 26845633
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.