This Land Property is no longer advertised on LoopNet.com.

5026 Tilden Ave
Sherman Oaks, CA 91423
Perfect Multi-Family Development Opportunity! · Land For Sale · 0.17 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.17 AC
No. Stories 1
Zoning R3 - Apartment houses, uses permitted in Zone R-1 and R-2 (22.20.260 - 22.20.290)

Description

Rare find – Excellent investment/development opportunity! 7,250 sq ft lot, 50’ x 145’ zoned R3 available in a prime area of Sherman Oaks. Lot currently contains a single-family home with multi-family units to one side and behind. R3 allows for up to 9 units by right. The property is adjacent to the Van Nuys-Sherman Oaks Recreational park ensuring spectacular views for future units! Centrally located near shopping, dining, and nearby access to the 101 & 405 freeways. Don’t miss out on this great location and development opportunity!

Property Taxes

Property Taxes

Parcel Number
2248-008-012
Land Assessment
$1,293,360
Improvements Assessment
$119,340
Total Assessment
$1,412,700
  • Listing ID: 30968042

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 5026 Tilden Ave, Sherman Oaks, CA 91423

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