5938 Buffalo Avenue
Sherman Oaks, CA 91401
0.19 acres | #SR25008391
Description
Fantastic location to build an entitled 5 story on grade apartment project consisting of a total of 22 units (18 apartments and 4 ADUs and including 2 very low income units) in Sherman Oaks. The entitled site currently has a 2,040 sq.ft. industrial/light manufacturing building on it with a month to month tenant. The plans consist of 6 one bedroom/one bath units, 10 one bedroom plus den/two bath units, 2 two bedroom plus den/2 bath units and 4 ADUS which can be made into three bedroom/2.5 bath units, and 150 square feet of commercial space. The project parks 8 stalls.
* .189 acres; 8,519.6 sq.ft.
* Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station
* Project is located directly across the street from the Studio City DASH (which drops off at Valley College)
* Project is located less than a half a mile from Valley College
* Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
Property Details
- Lot DescriptionZeroToOneUnitAcre
- CountyLos Angeles
- Original List Price$1,700,000
- MLS #SR25008391
- MLS #SR25008391
- Property TypePurchase
- Cost1700000
- Acres0.1949
- Utility SourcePublic
- Property SubtypeLand
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Scott Pinkerton (#F207014774)
Listing Office: Century 21 Peak (#F0030200)
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