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$1,299,000
Listing Price3beds
2baths
1,537sqft
10,530sqft lot
5535 Hazeltine Ave, Sherman Oaks, CA 91401
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Exceptional development opportunity in the heart of Sherman Oaks. Situated on a sprawling 10,533 sq. ft. lot, this property offers tremendous potential for redevelopment, expansion, or a custom residential project. With a large, usable parcel and favorable lot dimensions, the property presents an attractive opportunity for builders, developers, investors, and owner-users seeking to capitalize on California's SB9 regulations and evolving housing opportunities (Buyer to independently verify all development potential, zoning requirements, and permitted uses). The existing residence is being sold primarily for land value, making this an ideal canvas for a new construction project, multi-unit development, small-lot subdivision, or custom estate. Numerous nearby redevelopment projects and new construction homes have transformed the surrounding neighborhood, highlighting the area's continued growth and demand. Located within the highly rated Chandler Elementary and Louis Armstrong Middle School District along with convenient access to Ventura Boulevard's renowned restaurants, shopping, entertainment, parks, and major transportation corridors. Rare opportunity to acquire a sizable lot with exceptional upside potential in a premier Sherman Oaks location.
Interior Details
1537
3
2
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
10530
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Spanish
Stucco
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,378
$187,484
$87,256
--%
$274,740
2019
$3,378
$183,808
$85,546
--%
$269,354
2018
$3,286
$180,204
$83,869
--%
$264,073
2017
$3,213
$176,671
$82,225
--%
$258,896
2016
$3,127
$173,207
$80,613
--%
$253,820
2014
$3,100
$167,265
$77,848
--%
$245,113
2013
$3,100
$166,510
$77,497
--%
$244,007
2012
$3,044
$163,246
$75,978
--%
$239,224
Average Home Price in 91401
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Details for 5535 HAZELTINE AVE
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





