Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

5332 Leghorn Avenue

Sherman Oaks, CA, 91401

1 / 9View all 9 photos

$1,595,000

MLS: 26663085

Beds

3

Baths

1

Sq Ft

1,258

Lot

0.29 ac

Year Built

1926

MLS #

26663085

Days on Market

5

Listed

Mar 11, 2026

Description

Development Opportunity in Sherman Oaks ! Adjacent to Chandler Estates & Valley Village! RTI plans in hand! This is your opportunity to build your dream home on one of the few remaining large lots available in Sherman Oaks. The property currently has an existing home, but the hard work has already been done. Architectural plans, engineering, and grading plans are complete and fully approved, allowing you to begin building right away. Skip the lengthy planning process and move directly into construction. Opportunities like this are increasingly rare in this highly desirable neighborhood. Whether you envision a modern masterpiece or a timeless estate, this property provides a streamlined path for an owner-user or developer to create something truly special. Situated on a beautiful, quiet street surrounded by multi-million-dollar homes, 5332 Leghorn offers convenient access to top-rated schools, shopping, dining, freeways, houses of worship, and entertainment. Architectural plans and engineering reports are available in the supplements. Renderings are provided to illustrate the potential home based on the approved plans. Don't miss this chance to build on one of the last large lots available in Sherman Oaks.

Location

Sherman Oaks, Los Angeles County, CA 91401

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Listed by: Kendra Fuchs · Real Broker

Payment estimate

$11,380

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,500 · Loan: $1,435,500

%
Principal & Interest
$8,820
Property tax (1.25%)
$1,661
Homeowners insurance
$300
Mortgage insurance
$598
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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 $55,825 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 91401 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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