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$1500000   Price Analysis
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4703 Saloma Ave
Sherman Oaks, CA 91403
2 bed 1 bath 1126 SqFt ($1332/SqFt)
6759SqFt lot. Built 1937
Listed 2024-05-16, Taxes $1865
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks

* No Longer For Sale *
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RTI. Build a 3, 000 plus square foot modern home including a pool and ADU on the second floor. Situated on a 6, 757 square foot lot this home set on a beautiful, wide tree lined street. With permits ready-to-issue (RTI), this property provides a unique opportunity for investors, real estate developers, and/or remodel savvy buyers. Just 1.5 blocks north of Ventura Blvd and nestled in a desirable neighbrhood with growing increase in property values and new homes, the location boasts excellent, walkable proximity to restaurants, shops, cafes, entertainment.

An ideal location for easy commutes, fantastic schools, local amenities and an abundant lifestyle. Architectural plans included are thoughtful, sophisticated and showcase a sleek modern design. With the low ARV and the ready-to-issue permits that include a pool plus an expansive ADU that could be an extraordinary primary suit - this property offers an incredible opportunity for your next investment or project. Please view all photos to see renderings, current condition and street view. Imagine all the possibilities and more.


Presented by Catherine Ammann, Ammann Estates Group at
The Agency.
Listing Agent Photo

Property MLS #24-391497 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 1
Full Bathrooms: 1

Laundry Facilities: Inside
Laundry Features: Inside

Fireplace Features: Living Room

Furnished Description: Unfurnished

Lot Description: Fenced Yard
Lot Size Acres: 0.1551653
Lot Size Dimensions: 50x135
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6759

Garage Spaces: 2
Garage Description: Driveway
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

School District: Los Angeles Unified

Sherman Oaks Elementary Charter School is a public elementary school located approximately 0.4 miles away.
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Van Nuys Middle School is a public middle school located approximately 1 miles away.
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Van Nuys Senior High School is a public high school located approximately 2.4 miles away.
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St. Cyril of Jerusalem Elementary School is a private elementary and middle school located approximately 0.8 miles away.
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Source Listing Status: Sold
County: Los Angeles
Directions: East of Noble, West of Kester
Source Property Type: Residential
Area: Sherman Oaks
Source Neighborhood: Sherman Oaks
Parcel Number: 2264-019-026
Postal Code Plus 4: 2021
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$51577 + $96419
$147996
$1865
2021$50566 + $94529
$145095
$1836
2020$50048 + $93560
$143608
$1850
2019$49067 + $91726
$140793
$1782
2018$48105 + $89928
$138033
$1722
2017$47162 + $88165
$135327
$1682
2016$46238 + $86437
$132675
$1632
2015$45544 + $85139
$130683
$1609
2014$44652 + $83472
$128124
$1622
2013$44451 + $83095
$127546
$1622
2012$43580 + $81466
$125046
$1641
2010$42726 + $79869
$122595
$1610
2009$42508 + $79462
$121970
$1554
2009$42407 + $79273
$121680
$1554
2008$41675 + $77904
$119579
$1490
2007$40858 + $76377
$117235
$1436

Sold 2024-07-11
$1350000
TheMLSCLAW
Price Changed 2024-06-04
$1500000
TheMLSCLAW
Price Changed 2024-05-31
$1575000
TheMLSCLAW
Listed 2024-05-16
$1650000
TheMLSCLAW
Listing removed 2024-05-11
$0
CRMLS
Listed 2024-04-26
$1650000
CRMLS
Sold 2022-10-26
$1320000
TheMLSCLAW
Sold 1977-12-20
$68000
Public Record

Total Square Feet Living: 1126
Year Built: 1937
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 87
Property Condition: Fixer, Tear Down
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Detached
Year Built Source: Vendor Enhanced

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.