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5511 Calhoun Ave - PRIME SHERMAN OAKS 2 SIDE BY SIDE VACANT LOTS 0.39 Acres of Residential Land Offered at $3,559,596 CAD in Sherman Oaks, CA 91401
INVESTMENT HIGHLIGHTS
- Existing house was already demolished
- Final recorded lot split
- Two side by side vacant flat lots
- Owner is willing to sell one lot individually or both lots together
EXECUTIVE SUMMARY
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!
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!
PROPERTY FACTS
| Price | $3,559,596 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.39 AC |
| Property Type | Land | ||
| Zoning | R1-1 - One-Family Residential | ||
| Price | $3,559,596 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.39 AC |
| Zoning | R1-1 - One-Family Residential |
1 LOT AVAILABLE
Lot A & B
| Price | $3,559,596 CAD | Lot Size | 0.39 AC |
| Price Per AC | $9,229,522.52 CAD |
| Price | $3,559,596 CAD |
| Price Per AC | $9,229,522.52 CAD |
| Lot Size | 0.39 AC |
The subject property has two side by side lots. Each lot is 50 x 168 or 8,400 square feet each. Property is all flat and level with the street.
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5511 Calhoun Ave - PRIME SHERMAN OAKS 2 SIDE BY SIDE VACANT LOTS
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