5938 Buffalo Avenue

Sherman Oaks, CA 91401

$1,700,000

List Price

2

bed Beds

1

shower Baths

2,040 sqft

straighten / sqft

1953

calendar_month Built

Property 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

Listing Information

List Price $1,700,000
Status Active
MLS SR25008410
HOA $0
Type Residential
Subtype Mixed Use
Year Built 1953
Lot Size 8,491
Structure Size 2,040
Courtesy Of Century 21 Peak
Listing Agent Jeff Simon DRE#01198168

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 1
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Jeff Simon, Century 21 Peak . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 15th, 2025 at 12:53 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.