$1,600,000
0.19 Acre Lot

5938 Buffalo Avenue, Sherman Oaks, California 91401

  • Land Property Type
Property Description

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

Basic Details
Land
For Sale
SR25008391
$1,600,000
None
0.19 Acre
Active Under Contract
Features
$0
Address Map
CA
Los Angeles
Sherman Oaks
91401
Buffalo
5938
Avenue
South Oxnard East Woodman
SO - Sherman Oaks
LAC1
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Curbs, Biking, Storm Drain(s)
: 0-1 Unit/Acre
2025-01-14
1700000
: Public
Broker/Agent Information
Century 21 Masters
Scott Pinkerton
Listing Information
F207014774
SR0238607
Cash, Conventional
Active Under Contract
2025-06-24T23:09:47Z
CRMLS
: Standard
2025-06-24T15:48:44Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069