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Investment Highlights
- Excellent land sale opportunity in prime Sherman Oaks location
- Incredible location directly across from Sherman Oaks Galleria, anchored by The Cheesecake Factory, PF Chang’s, and Regal Theatres
- Double-sided rooftop billboard in place
- Adjacent to the 405 and 101 Freeway interchange
- Retail/restaurant currently being remodeled with outdoor patio space, parking on site, and 60 feet of frontage on Ventura Blvd
- Large traffic counts: 150,000 CPD at Sepulveda and Ventura; 306,000 CPD at the 405/101 Freeway interchange
Executive Summary
REDEVELOPMENT POTENTIAL (see page 6)
±50–85 apartment units
±56 parking spaces
Unit sizes: ±850–1,000 GSF
5 levels of residential (Type IIIA construction)
2 levels of parking (Type I podium)
Lobby, deck, and paseo
±50–85 apartment units
±56 parking spaces
Unit sizes: ±850–1,000 GSF
5 levels of residential (Type IIIA construction)
2 levels of parking (Type I podium)
Lobby, deck, and paseo
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Property Type | Land | ||
| Zoning | LAC2 - Commercial | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.43 AC |
| Zoning | LAC2 - Commercial |
1 Lot Available
Lot
| Lot Size | 0.43 AC |
| Lot Size | 0.43 AC |
Potential Multifamily Development Site
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
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Videos
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Photos
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Map
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