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5938 Buffalo Avenue, Sherman Oaks, CA 91401

For Sale

$1,700,000

2 beds • 1 baths • 2,040 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 1953
    Year built

  • $833.33
    Price per square foot

Explore this Property

Fantastic location to build an entitled 5 story on grade apartment project consisting of a total of 22 units (18 apartments and 4 ADUs and including 2 very low income units) in Sherman Oaks. The entitled site currently has a 2,040 sq.ft. industrial/light manufacturing building on it with a month to month tenant. The plans consist of 6 one bedroom/one bath units, 10 one bedroom plus den/two bath units, 2 two bedroom plus den/2 bath units and 4 ADUS which can be made into three bedroom/2.5 bath units, and 150 square feet of commercial space. The project parks 8 stalls. * .189 acres; 8,519.6 sq.ft. * Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station * Project is located directly across the street from the Studio City DASH (which drops off at Valley College) * Project is located less than a half a mile from Valley College * Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
MLS# SR25008410

Listed By CENTURY 21 Masters

Property Features

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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