$8,750,000
$9,000,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
1.05 Acres Lot
SOLD DATE : 03/19/2024
Key Details
Sold Price $8,750,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23220692
Sold Date 03/19/24
HOA Y/N No
Year Built 2001
Lot Size 1.050 Acres
Property Description
5546 Sepulveda Blvd, in beautiful Sherman Oaks. This building currently has almost 10,000 square feet of usable space and is situated on over 1 acre of land. Located at the N/E Corner of Sepulveda and Burbank, which creates an attractive development opportunity. 5546 Sepulveda Blvd is zoned C2-1VL-RIO and is in a prime location for many development opportunities, such as, but not limited to Multi-Family, mixed-use, Office Building, etc… The large size and accessibility of the lot from both, Sepulveda Blvd and Burbank Blvd create the perfect place for the next large-scale development in the city of Sherman Oaks. Owned by the same family for 70+ years, and has gone through massive changes throughout its time. The great visibility, wide inviting lot, and overall location are some of the many outstanding features this property has to offer. Located a short drive from Venture Blvd, 101/405 Freeways and Parks/Recreation.
Disclaimer: Any interested party is to consult with qualified professionals as to what may be built on this property. Brokers and brokers agents do not guarantee the accuracy of information related to lot size, boundary lines, use of property, or any other matters that may affect what a buyer may construct or use this property for.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Interior
Fireplace No
Laundry None
Building
Lot Description Irregular Lot, Lot Over 40000 Sqft, Street Level, Tear Down, Value In Land
Story 2
Water See Remarks
Others
Tax ID 2250009026
Financing Other
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
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