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$1,249,000
MLS: SR26095694
Beds
5
Baths
6
Sq Ft
3,226
Lot
0.14 ac
Year Built
2026
MLS #
SR26095694
Days on Market
11
Listed
May 2, 2026
Description
Investors !! Unlock the potential of this exceptional development project located in one of Sherman Oaks’ most coveted and prestigious neighborhoods. This is a true "shovel-ready" opportunity, delivered with Ready-to-Issue (RTI) permits and fully approved plans, allowing you to break ground immediately and bypass the lengthy entitlement process. Designed with modern luxury and maximum ROI in mind, the plans feature a sophisticated main residence of 4bd/4bth complemented by a detached Accessory Dwelling Unit (ADU) 1bd/1bth —, a private guest house, or a high-end home office. Totaling a 5bd/5bth 3000+ sqft. With comparable new construction projects in the immediate area selling for $3,400,000+, this project offers a significant equity spread for builders or a dream custom home for an end-user.
Location
Sherman Oaks, Los Angeles County, CA 91403
Open on Google Maps ↗Listed by: George Hanna · Colonial Real Estate
Payment estimate
$9,079
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $124,900 · Loan: $1,124,100
- Principal & Interest
- $7,009
- Property tax (1.25%)
- $1,301
- Homeowners insurance
- $300
- Mortgage insurance
- $468
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Sherman Oaks home with as little as 3.5% down using an FHA loan — roughly $43,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Sherman Oaks, CA 91403 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
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