14549 Benefit Street, Sherman Oaks, CA 91403

A unique development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd. This is a great oppotunity for builders/contractors/investors to acquire this unentitled RD1.5 Zoning development site in the densely populated Sherman Oaks neighborhood. Conceptual plans for 4 single family homes with roof deck. Architectural drawings and tentative map are ready to be submitted to the city. Existing structure is a 894 Square feet single family home with 2 Bedrooms and 1 Bath, a detached garage and a basement. This property is situated within the Transit Oriented Communities (TOC) Tier 2. Property is sold for land value only. Buyer to verify zoning, incentives if any, and applicable requirements to renovate or develop the property with the appropriate city jurisdiction. Seller makes no representation as to habitability of existing structure, square footage of land, building, bedroom/bath count, and permits.