3941 Pacheco Drive
Sherman Oaks, CA, 91403
$440,000
MLS: 26673977
Beds
3
Baths
3
Sq Ft
4,800
Lot
0.14 ac
Year Built
—
MLS #
26673977
Days on Market
10
Listed
Apr 3, 2026
Description
Seller highly motivated. Accepting all offers. Rare development opportunity in prime Sherman Oaks, South of the Blvd. Approx. 6,300 sq ft lot with LADBS-approved plans for a luxury residence. Approved plans include approximately 4,800 sq ft total living space. Lower level (street level) approx. 2,400 sq ft basement with flexibility for buyer modifications and additional rooms. Upper level includes 3 bedrooms and 3 bathrooms, approximately an additional 2,400 sq ft. Approved design features include approx. 24 ft building height and 96 ft length with rooftop deck potential. Caissons and grading completed; permits issued and plan check fees paid. Buyer to take over and complete construction. Seller provides approved plans, completed work to date, LADBS inspection approvals, soil engineering report, and survey report. Per permit requirements, four oak trees must be planted after completion of construction. Excellent location near shops, dining, and schools. Buyer to verify all information and development potential. Property visible from street; showings by appointment only.
Location
Sherman Oaks, Los Angeles County, CA 91403
Open on Google Maps ↗Listed by: Nelli Aleksanyan · TruLine Realty
Payment estimate
$3,356
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,000 · Loan: $396,000
- Principal & Interest
- $2,433
- Property tax (1.25%)
- $458
- Homeowners insurance
- $300
- Mortgage insurance
- $165
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $15,400 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
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