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    Rayneta Dr Sherman Oaks, CA 91403

    New
    For Sale
    $395,000

    LAND - Sherman Oaks, CA

    Lot size:
    0.16 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for Rayneta Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR1
    APN
    2277-022-012
    Lot size
    0.16 Acres

    Nest Seekers International (310) 278-8861 [email protected]

    Listing agent Ricardo Alvarado (310) 278-8861 License #01948339

    Listing date Dec 2, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sherman Oaks Hills Vacant Land

    Located in the Sherman Oaks Hills neighborhood south of Ventura Boulevard, this 0.16-acre vacant lot, approximately 7,106 square feet, offers an opportunity for developers, builders, or owner-users to create a custom residence. Zoned LAR1, Low Residential, suitable for single-family homes, the property features a gentle upslope terrain. Pre-approved geology and soils reports, a recent survey, and architectural plans for a proposed 2,800 square foot modern home are included, positioning the site close to Ready-to-Issue building permits. The lot's elevated position offers potential for views of city lights and nearby greenbelts or parks. This raw land parcel emphasizes value in its prime location, with access to Sherman Oaks' amenities, schools in the Los Angeles Unified School District, hiking trails, and major freeways. No existing structures or fireplaces are present.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.462357
    Latitude
    34.143376

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    FAQs

    What type of property is this?
    Land - 0.16-acre vacant lot in Sherman Oaks Hills neighborhood.
    Where is this land located?
    The property is located at Rayneta Dr Sherman Oaks, CA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime Sherman Oaks Hills location, south of Ventura Boulevard; - Streamlined development potential with pre-approved reports and architectural plans close to RTI permits for a 2,800 sq ft modern home; - Buildable 0.16-acre vacant lot with a gentle upslope
    (310) 278-8861
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    Rayneta Dr Sherman Oaks, CA 91403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rayneta Dr Sherman Oaks, CA 91403
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