14549 Benefit Street, Sherman Oaks, CA 91403

About this single-family home

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 description from the October 2019 sale, as reported to CRMLS.

Sale history

$1,405,000

Sold October 2019 · listed $1,495,000, on market July 2019 · MLS #OC19190659 · Source: CRMLS

Listing Agent: Ramin Favakehi · Listing Office: Ramin Favakehi, Broker · Contact: 949-929-2630 · Bought with: Kevin Silver · Keller Williams Realty-Studio City

$1,405,000

Sold October 2019 · listed $1,495,000, on market May 2019 · MLS #OC19112283 · Source: CRMLS

Listing Agent: Ramin Favakehi · Listing Office: Ramin Favakehi, Broker · Contact: 949-929-2630 · Bought with: Kevin Silver · Keller Williams Realty-Studio City

$1,250,000

Sold July 2018 · listed $1,350,000, orig. $1,650,000, on market June 2018 · MLS #SR18143414 · Source: CRMLS

Listing Agent: Cindy Pelter · Listing Office: RE/MAX Olson & Associates,Inc. · Contact: 818-366-3300 · Bought with: Ramin Favakehi · Ramin Favakehi, Broker

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