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Sherman Oaks Development Opportunity
For Sale
$335,000

3941 Pacheco Drive, Sherman Oaks, CA 91403

LAND - Sherman Oaks, CA

Property Size4,800 SF
Lot Size0.15 Acres
Price / SF$69.79
Days on Market103

Property Features for 3941 Pacheco Drive

General Information

Property type Land
Property subtype Other
Zoning LAR1
View Mountains
Directions South of Ventura Blvd, west of Woodman Ave. From Ventura Blvd, head south on Woodman Ave, turn right onto Pacheco Dr; property is located on the right hand side.
Subdivision Sherman Oaks
Standard status Active
APN 2277-022-043
Size 4,800 SF
Lot size 0.15 Acres
Listing Agency: TruLine Realty
Listed By: Nelli Aleksanyan · License #02092322
Added: May 13 Changed: Jun 12 Last Checked: Aug 23 at 12:06AM
MLS# 26833673

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents a rare development opportunity in Sherman Oaks, located south of the boulevard. The approximately 6,300 sq ft lot comes with LADBS-approved plans for a luxury residence featuring approximately 4,800 sq ft of total living space. The lower, street-level basement spans approximately 2,400 sq ft, offering flexibility for buyer modifications and additional rooms. The upper level includes 3 bedrooms and 3 bathrooms, also encompassing approximately 2,400 sq ft. The approved design allows for an approximately 24 ft building height and 96 ft length, with potential for a rooftop deck. Caissons and grading have been completed, permits issued, and plan check fees paid. The buyer will take over and complete the construction. The seller provides approved plans, completed work to date, LADBS inspection approvals, a soil engineering report, and a survey report. As per permit requirements, four oak trees must be planted upon completion of construction. The location is excellent, with proximity to shops, dining, and schools. The property is visible from the street.

Key Highlights

  • LADBS‑approved plans for a luxury residence on a rare 6,300 sq ft lot in prime Sherman Oaks, South of the Blvd.
  • Includes approximately 4,800 sq ft of total living space with a flexible 2,400 sq ft basement level.
  • Caissons and grading are completed, permits are issued, and plan check fees are paid, accelerating the construction process.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Garden Center Daycare Center Storage Facility Veterinary Clinic (Bike/Boat/Book/etc) 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

271
Businesses Nearby

Demographics for 91403, CA

25,329
Population
13,095
Households
1.9
Avg Household Size
40
Median Age
68%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
7,036
Density / Sq Mi
$114,348
Median Household Income
$70,449
Median Earnings
$2,437
Median Rent
$1,467,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare land with approved plans for luxury residence.
Where is this residential land & home lot located?
The property is located at 3941 Pacheco Drive Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: LADBS‑approved plans for a luxury residence on a rare 6,300 sq ft lot in prime Sherman Oaks, South of the Blvd.; Includes approximately 4,800 sq ft of total living space with a flexible 2,400 sq ft basement level.; Caissons and grading are completed, permits are issued, and plan check fees are paid, accelerating the construction process.
More about this property
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