5319 Sylmar Ave, Sherman Oaks, CA 91401

RTI 4-Plex Development Opportunity w/ Existing Single-Family Residence

Sold: $1,225,000


Property Highlights

  • Excellent RTI (Ready-to-Issue) development opportunity for 4 units in addition to existing SFR (1941)

  • 8,670 SqFt Lot Zoned {Q}RD1.5

  • Existing 2-bed / 1-bath single-family home, ~1,393 Sqft with hardwood floors throughout

  • Prime Sherman Oaks location by Chandler & Van Nuys Blvd

  • Site located on quaint residential block

  • Down the block from Chandler Elementary School & Sherman Oaks Rec Center

  • Approved plans call for large, luxury apartments with strong mix of (1) studio, (2) 1-bedroom and (1) 2-bedroom units




 

Exclusively Listed & Sold By:

Jake Glaser

(310) 230-5157

jake@lyonstahl.com


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