Sherman Oaks Development
For Sale
$989,000
3420 Beverly Glen Boulevard, Sherman Oaks, CA 91423
Semi-approved development opportunity in prime Sherman Oaks with city views.
Property SizeContact for details
Days on Market247
Property Features for 3420 Beverly Glen Boulevard
General Information
Standard status
Active
Property subtype
Lot/Land
Zoning
R1
Listing Agency:
Re/Max Tri-City Realty
(818) 549-9000
Listed By:
Arthur Mangassarian · License #00751703
(818) 549-9000
Source:
Compass
Added: Dec 5, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Tri-City Realty
Investment Insights
Based on property information with market context.
This is a rare semi-approved development opportunity located in Sherman Oaks, south of the Boulevard, near Beverly Hills and Mulholland Drive. The site offers city-light and mountain views. The property presents the opportunity to create 3 separate view lots of approximately 43,680 SF, 45,450 SF, and 55,364 SF (buyer to verify). Each lot has the potential for a custom estate, subject to the requirements and approvals of the City of Los Angeles. A buyer will need to complete grading/flattening of the property and construct an access road to finalize the subdivision and move forward with development. The site could accommodate three luxury homes of roughly 5,000–10,000 SF or more per residence, depending on city regulations and buyer’s design (buyer and buyer’s architect to verify). The land value for each finished lot without plans is projected in the range of approximately $1,350,000 to $1,500,000 per lot (subject to market conditions and buyer’s own analysis).
Key Highlights
- Rare semi‑approved development opportunity in prime Sherman Oaks, south of the Boulevard.
- Potential to create 3 separate view lots of approximately 43,680 SF, 45,450 SF, and 55,364 SF.
- Exceptional city‑light and mountain views.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,418
Businesses Nearby
Explore this area
Business Placement
Demographics for 91423, CA
32,635
Population
16,678
Households
2
Avg Household Size
40
Median Age
63%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
7,960
Density / Sq Mi
$112,119
Median Household Income
$66,538
Median Earnings
$2,239
Median Rent
$1,323,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Semi-approved development opportunity in prime Sherman Oaks with city views.
Where is this residential land & home lot located?
The property is located at 3420 Beverly Glen Boulevard Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Rare semi‑approved development opportunity in prime Sherman Oaks, south of the Boulevard.; Potential to create 3 separate view lots of approximately 43,680 SF, 45,450 SF, and 55,364 SF.; Exceptional city‑light and mountain views.**
