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$989,000

For Sale

16 hours ago

MLS® GD26056753

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes 
Days Active 0
Lot Size 3.3011 acres
Approx. Age 
MLS® Number GD26056753

Property Address: 3420 Beverly Glen, Sherman Oaks, CA, 91423

Average square foot calculated using Size range provided by listing agent.

Description

Rare semi-approved development opportunity in prime Sherman Oaks, south of the Boulevard, just minutes from Beverly Hills and near Mulholland Drive. This is one of the last remaining projects of its kind in the area, offering exceptional city-light and mountain views. The current owner has spent over 10 years and significant funds on the subdivision process, and a buyer can now pursue the creation of 3 separate view lots of approximately 43, 680 SF, 45, 450 SF, and 55, 364 SF (buyer to verify). Each lot has the potential for an impressive custom estate, subject to the requirements and approvals of the City of Los Angeles. A new buyer will need to complete grading/flattening of the property and construct an access road in order to finalize the subdivision and move forward with development. Once completed, the site could accommodate three luxury homes of roughly 5, 000–10, 000 SF or more per residence, depending on city regulations and buyer’s design (buyer and buyer’s architect to verify). Based on current estimates, the land value for each finished lot without plans is projected in the range of approximately $1, 350, 000 to $1, 500, 000 per lot (subject to market conditions and buyer’s own analysis). For full details, due diligence materials, and to discuss the subdivision status, please contact the listing agents directly.
MLS® NumberGD26056753
Laundry Level
Central VacNo
FireplaceNo
Acreage3.3011
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$989,000List Price
  • Commute

Commute

Starting Address
Destination Address
3420 Beverly Glen, Sherman Oaks, CA

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