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$1,460,000
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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
Full Property Details
Full Property Details for 5938 Buffalo Ave
General
- Sold For: $1,460,000
- Status: Closed
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SR25008391
- Added to Site: 368 day(s) ago
Location
- Area: SO - Sherman Oaks
- County: Los Angeles
- Development Name: SO - Sherman Oaks
- Driving Directions: South Oxnard East Woodman
- Dist. to Beach: 1 (Miles)
Utilities
- Water: Public
- Dist. to Water: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1949
- Lot Size (Sq. Ft.): 8,491
- Lot Size Source: Assessor
- Zoning: LAC1
- Lot Description: Biking, Curbs, Sidewalks, Storm Drains
Financial Considerations
- Price Per Sq. Ft.: $171.95
Listed by Century 21 Masters, Scott Pinkerton
Sold by Century 21 Masters, Jeff Simon
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Schools
Schools serving 5938 Buffalo Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Erwin Elementary School 13400 Erwin St., Los Angeles, CA 91401 | K-5 | 0.4 mi |
Louis D. Armstrong Middle School 5041 Sunnyslope Ave., Los Angeles, CA 91423 | 6-8 | 1.1 mi |
Ulysses S. Grant Senior High School 13000 Oxnard St., Los Angeles, CA 91401 | 9-12 | 0.8 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 5938 Buffalo Ave
Date
Details
Price
Change
Source
8/26/2025
Sold
$1,460,000
-8.75%
MLS
3/31/2025
Price Reduced
$1,600,000
-5.88%
MLS
1/14/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5938 Buffalo Avenue, Sherman Oaks, CA 91401 (MLS# SR25008391) is a Lots/Land property that was sold at $1,460,000 on August 26, 2025. Want to learn more about 5938 Buffalo Avenue? Do you have questions about finding other Lots/Land 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.

