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5511 Calhoun Ave
Sherman Oaks, CA 91401 Van Nuys

$2,550,000 USD

Land For Sale  •  0.39 AC

Property Details

  • Property Type Land
  • Lot Size 0.39 AC
  • Zoning R1-1
47 Transit Score
54 Walk Score

Description

Prime Sherman Oaks Development Opportunity!
Located in one of Sherman Oaks’ most desirable neighborhoods surrounded by high-end single-family homes, this offering consists of two side-by-side vacant lots—each with its own APN and street address (5511 Calhoun Ave and 5515 Calhoun Ave).
The existing house has already been demolished, and a recorded lot split is in place (see attached). Each R1-zoned lot offers the potential to build a custom home of up to approximately 4,000 square feet plus an ADU (Buyer to rely on their own due diligence and verify with the City).
Currently, the property has one water and one sewer meter serving the site. The owner is open to selling both lots together or individually, providing excellent flexibility for builders, investors, or end users looking to create their dream home.
This is a rare chance to develop in a premier Sherman Oaks location — don’t miss it!

Highlights

Existing house was already demolished
Two side by side vacant flat lots
Final recorded lot split
Owner is willing to sell one lot individually or both lots together

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.5 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 6.8 mi
AirportDriveWalkDistance
Bob Hope 16 min - 6.8 mi
Los Angeles International 30 min - 20.0 mi
Long Beach (Daugherty Field) 48 min - 37.5 mi
Dan Drantch 818-261-0030 Rodeo Realty
Dan Drantch 818-261-0030 Rodeo Realty