4703 Saloma Avenue

Sherman Oaks, CA 91403

$1,575,000
Price
2
Beds
1
Bath
1,126 Sq. Ft.
$1,399 / Sq. Ft.
1,126
Sq. Ft.
$1,399
per Sq. Ft.

Description

Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks, RTI. Build a 3,000 plus square foot modern home including a pool and ADU on the second floor. Situated on a 6,757 square foot lot this home set on a beautiful, wide tree lined street. With permits ready-to-issue (RTI), this property provides a unique opportunity for investors, real estate developers, and/or remodel savvy buyers. Just 1.5 blocks north of Ventura Blvd and nestled in a desirable neighborhood...Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks, RTI. Build a 3,000 plus square foot modern home including a pool and ADU on the second floor. Situated on a 6,757 square foot lot this home set on a beautiful, wide tree lined street. With permits ready-to-issue (RTI), this property provides a unique opportunity for investors, real estate developers, and/or remodel savvy buyers. Just 1.5 blocks north of Ventura Blvd and nestled in a desirable neighborhood with growing increase in property values and new homes, the location boasts excellent, walkable proximity to restaurants, shops, cafes, entertainment. An ideal location for easy commutes, great schools, local amenities and an abundant lifestyle. Architectural plans included are thoughtful, sophisticated and showcase a sleek modern design. With the low ARV and the ready-to-issue permits that include a pool plus an expansive ADU that could be an extraordinary primary suit - this property offers an incredible opportunity for your next investment or project. Please view all photos to see renderings, current condition and street view. Imagine all the possibilities and more.
  1. Listed by Catherine Ammann • DRE #01894083 • Brokerage DRE #01738973 • The Agency
  2. Listed by Gigi Thoennes • DRE #02068129 • Brokerage DRE #01738973 • The Agency

Property Details for 4703 Saloma Avenue

Zoning
LAR1
Style
Other
Parcel Number
2264019026
Living Area
1126
Source Living Area
Vendor Enhanced
Area
Sherman Oaks (SO)
Lot Size Area
6759
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of The Agency, Catherine Ammann, DRE #01894083; The Agency, Gigi Thoennes, DRE #02068129
Add your commute
LISTING UPDATED: 05/31/2024 10:48 AM

Property Details for 4703 Saloma Avenue

StatusActive
MLS #24-391497
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1937
Lot Size0.16 AC / 6,759 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Catherine Ammann, DRE #01894083; The Agency, Gigi Thoennes, DRE #02068129
Add your commute

Building Information for 4703 Saloma Avenue

Stories1Year Built1937Building Size-Lot Size0.16 AC / 6,759 SF

Payment Calculator

$9,926 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,595

Property Taxes

$1,331

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4703 Saloma Avenue

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • View: None
  • Security Features: Other
  • Property Condition: Fixer, Tear Down
Contract Info
Contract Info
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1552
  • Lot Size Square Feet: 6759
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Fenced Yard
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Rooms: Other
  • Levels: One
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Flooring: Other
  • Equipment: Other
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-16-2024

Property History for 4703 Saloma Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4703 Saloma Avenue

Taxable ValueLand$1,056,000Additions$264,000Total$1,320,000
Tax Record2023$15,976 ($1,331 / month)
Home Facts
Beds2Total Finished SqFt1,126 SqFtAbove Grade Finished SqFt1,126 SqFtStories1Lot Size6,757 SqFtStyleSingle Family ResidenceYear Built1937ZoningLAR1CountyLOS ANGELESAPN2264-019-026

Schools near 4703 Saloma Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Sherman Oaks Elementary Charter School
CharterK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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4703 Saloma Avenue is a single family home for sale in Sherman Oaks, CA 91403. This property was listed for sale on May 16, 2024 by The Agency, it's currently listed at $1,575,000. It has been on the market for a total of 15 days and was last sold on October 26, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Sherman Oaks Elementary Charter School, Van Nuys Middle School and Van Nuys Senior High School. 4703 Saloma Avenue is a 2-bed, 1-bath, 1,126 sqft single family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Catherine Ammann, DRE #01894083; The Agency, Gigi Thoennes, DRE #02068129

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.