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$1,350,000
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Property Description
Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks, 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 neighborhood 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, great 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.
Full Property Details
Full Property Details for 4703 Saloma Ave
General
- Sold For: $1,350,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 24-391497
- Added to Site: 635 day(s) ago
Interior
- Rooms/Areas: Other
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Other
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Driveway
Location
- Area: Sherman Oaks
- County: Los Angeles
- Driving Directions: East of Noble, West of Kester
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Structural Information
- Architectural Style: Other
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 1
- Square Feet: 1,126
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1937
- Year Built Source: Vendor Enhanced
- Property Condition: Fixer, Tear Down
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1552
- Lot Size: 6759
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 135
- Zoning: LAR1
- Lot Description: Fenced Yard
Financial Considerations
- Price Per Sq. Ft.: $1,332.15
- Assessment Year: 1937
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 2264-019-026
Listed by The Agency, Catherine Ammann and The Agency, Gigi Ziskin
Sold by Compass, Or Brodsky and Compass, Steven Marin
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Schools
Schools serving 4703 Saloma Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sherman Oaks Elementary Charter School 14755 Greenleaf St., Los Angeles, CA 91403 | K-5 | 0.4 mi |
Van Nuys Middle School 5435 Vesper Ave., Los Angeles, CA 91411 | 6-8 | 1 mi |
Van Nuys Senior High School 6535 Cedros Avenue, Los Angeles, CA 91411 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4703 Saloma Ave
Date
Details
Price
Change
Source
7/11/2024
Sold
$1,350,000
-10%
MLS
6/04/2024
Price Reduced
$1,500,000
-4.76%
MLS
5/31/2024
Price Reduced
$1,575,000
-4.55%
MLS
5/16/2024
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4703 Saloma Ave, Sherman Oaks, CA 91403 (MLS# 24-391497) is a Single Family property that was sold at $1,350,000 on July 11, 2024. Want to learn more about 4703 Saloma Ave? Do you have questions about finding other Single Family real estate for sale in Sherman Oaks? You can browse all Sherman Oaks real estate or contact a Coldwell Banker agent to request more information.

