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3811 Ventura Canyon Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath

ACTIVE$2,399,000
3811 Ventura Canyon Avenue, Sherman Oaks, California 91423
3Beds
2Baths
2,824Sqft
24,179Lot

Price Vs. Estimate

The estimated value ($2,399,000) is $0 (0%) lower than the list price ($2,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Located in the highly sought-after Sherman Oaks neighborhood, south of the Boulevard, offering excellent access to amenities and a prestigious address.
Top Cons:
Damaged Structure: The existing home was destroyed by a mudslide and requires complete reconstruction, adding significant costs and time.

Compared to the nearby listings

Price:$2.40M vs avg $1.91M (+$494,000)68%
Size:2,824 sqft vs avg 2,501.5 sqft64%
Price/sqft:$850 vs avg $81556%

More Insights

Built in 1949 (76 years old).
Condition: The property was built in 1949 and was destroyed due to a mudslide. The description indicates it is mid-construction and suitable for developers or those looking to build a dream home. This suggests the existing structure is not livable and requires demolition or substantial reconstruction.
Year Built
1949
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$850
HOA
-
Days on market
-
Sold On
-
MLS number
GD25023252
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Rare opportunity on the south of the Boulevard exclusive Sherman Oaks neighborhood! This mid-construction home was unfortunately destroyed due to a mudslide, but it offers incredible potential for the right buyer. Situated on a spacious lot, this property is perfect for developers, investors, or anyone looking to build their dream home in a highly desirable location. With prime square footage and endless possibilities, this property is a steal! Whether you're looking to design a custom estate or take advantage of the high-value neighborhood, this is a chance to turn a setback into an opportunity. Don't miss out on this rare find in one of Sherman Oaks' most sought-after areas. Schedule a viewing today!

Nearby schools

9/10
Roscomare Road Elementary School
Public,•K-5•2.5mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.5mi
6/10
Erwin Elementary School
Public,•K-5•3.0mi
6/10
John B. Monlux Elementary School
Public,•K-5•3.0mi
8/10
Lanai Road Elementary School
Public,•K-5•3.7mi
9/10
Warner Avenue Elementary School
Public,•K-5•4.8mi
2/10
Van Nuys Middle School
Public,•6-8•2.4mi
6/10
Walter Reed Middle School
Public,•6-8•2.6mi
5/10
James Madison Middle School
Public,•6-8•4.0mi
5/10
William Mulholland Middle School
Public,•6-8•5.6mi
3/10
William Mulholland Middle School
Public,•6-8•5.8mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.7mi
8/10
North Hollywood Senior High School
Public,•9-12•2.9mi
6/10
Van Nuys Senior High School
Public,•9-12•3.7mi
6/10
University Senior High School
Public,•9-12•6.8mi
6/10
University Senior High School Charter
Public,•9-12•6.8mi
Condition Rating
Tear down
The property was built in 1949 and was destroyed due to a mudslide. The description indicates it is mid-construction and suitable for developers or those looking to build a dream home. This suggests the existing structure is not livable and requires demolition or substantial reconstruction.
Pros & Cons

Pros

Desirable Location: Located in the highly sought-after Sherman Oaks neighborhood, south of the Boulevard, offering excellent access to amenities and a prestigious address.
Large Lot Size: The property boasts a spacious 24,179 sqft lot, providing ample space for development and customization.
Development Potential: Presents a rare opportunity for developers, investors, or homeowners to build their dream home or custom estate.

Cons

Damaged Structure: The existing home was destroyed by a mudslide and requires complete reconstruction, adding significant costs and time.
Construction Project: Requires navigating the complexities of construction, including permits, design, and potential unforeseen issues.

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