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Upslope View Home Site

3664 Oakfield Dr, Sherman Oaks, CA 91423

For Sale
$699,000

Vacant, fully entitled upslope lot with west-facing panoramic views and approved building plans ready for next steps.

Property SizeContact for details
Days on Market378

Property Features for 3664 Oakfield Dr

General Information

Standard status Active
Property subtype LAND
Listing Agency: Compass
Listed By: Melodie Hart · License #01482039
Source: Milsteinestates
Added: Oct 27, 2025 Changed: Nov 4 Last Checked: Nov 6 at 4:39PM

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 Compass

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Investment Insights

Based on property information with market context.

This is a vacant, upslope home site with panoramic views toward the west. The property’s geography provides added privacy for day-to-day use. Existing building plans are in place and were designed by boutique design firm O + L in Los Angeles, with plans intended to support development on the lot.

The lot is located on Oakfield Drive in Sherman Oaks, CA 91423. The listing notes that this section of the road offers abundant privacy due to the hillside terrain. The seller has also indicated that construction permit approval can be completed by the seller at the buyer’s request.

The property is positioned for buyers who want to move forward with residential development using plans that are already prepared and submitted in an entitled state. For buyers who prefer to shift permitting work to the seller, the estimated timeline for the permit approval process to reach RTI approval is 4 to 6 months after initiation, subject to the stated process. Please contact the broker for additional information on the plans and the seller’s permitting option, and to confirm next steps for construction readiness.

Key Highlights

  • Vacant upslope lot with west‑facing panoramic views
  • Fully entitled with existing building plans in place
  • Plans designed by O + L in Los Angeles (oplusl.com)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Mobile Phone Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant, fully entitled upslope lot with west-facing panoramic views and approved building plans ready for next steps.
Where is this residential land & home lot located?
The property is located at 3664 Oakfield Dr Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Vacant upslope lot with west‑facing panoramic views; Fully entitled with existing building plans in place; Plans designed by O + L in Los Angeles (oplusl.com)
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