Property Description

Attention Investors, Homeowners, and Builders! A rare opportunity awaits you to own a breathtaking 17,000 sqft upslope vacant lot located in the highly exclusive outer corridor of Mulholland Scenic Parkway. The lot is situated at 3923 Deer Avenue, Sherman Oaks, a premier location that borders Bel-Air and Beverly Hills, home to many celebrities and notable Los Angeles residents. This lot offers panoramic views of the mountains and valley, ensuring utmost privacy tucked away in the hills of Sherman Oaks.The icing on the cake is that the architectural plans for the project have already been created by the renowned and talented architect Ryan Knock based in San Francisco. The design has been developed to best utilize the features of the lot while keeping in consideration the cost of building and trying to make the smartest use of the land in accordance with the guidelines of the Los Angeles Department of City Planning and the Mulholland Scenic Parkway Specific Plan (MSPSP). The duplex project includes a 1300 sqft Single Family Home and a 700 sqft Accessory Dwelling Unit (ADU), both designed to maximize the incredible views.In addition, the lot comes with water, electrical, sewer, and a covered 2 car garage already available on site. The project is also complete with topographic survey, soil report, geological studies, grading, drainage, and erosion control plans. This project is ready for Plan check Review Procedure by City Planning and the Mulholland Design Review Board.The ADU offers increased rental income potential and flexibility in terms of living arrangements. It can be used as a separate living space for family members or as a home office, or it can be rented out for additional income. The addition of a second unit can increase the overall value of the property, providing additional living space and income potential.Finally, the over 2500 sqft. of outdoor patios and decks, along with the covered 2 car garage, adds to the property’s value, making it even more desirable in the Southern California climate. Don’t miss out on this incredible investment opportunity! Contact us today to schedule a viewing and start your journey towards owning a piece of paradise!

Features
: City Lights, Mountain(s), Panoramic, Hills, Canyon, Peek-a-boo, Valley
0
0
: Back Yard, Front Yard, Irregular Lot, Yard, Corners Marked, Secluded
: Bedrock
: Sewer Paid, Other
MLS Addon
LAR1
2272026023
17,096 Sqft
$0
0
$0
0 Sqft
0 Sqft
: Standard
04/05/2022 13:38:28
Listing courtesy of
Douglas Elliman
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Land For Sale

3923 DEERAvenue, Sherman Oaks, California, 91423

0.39 Sqft
Visits : 23 in 1037 days
$229,000
Listing ID #22148137
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Land
Property SubType : Single Family Residence
Price : $229,000
Price Per Square Foot : $13
Lot Area : 0.39 Sqft
View : Mountain(s)
Listing ID : 22148137
Agent info
Rina Maya
Designated Broker
Contact Agent
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