SHERMAN OAKS – Huge Flat Lot on a Private and Exclusive Street,

Recently Sold$2,525,000
Sherman Oaks Sq. Ft. 5 Bedrooms 4 Bathrooms
ADDRESS UPON REQUEST, Sherman Oaks, CA 91423
4,380 SQ FT HOME | 17,264SQ FT. LOT SIZE | 5 BEDROOMS | 4 BATHROOMS | NEW ROOF IN 2014
RENOVATED GUEST HOME | BEAUTIFUL QUIET CUL DE SAC
CURRENTLY OFF-MARKET

Re-Imagine the Perfect Home on Massive Flat Lot, Healthy ROI Possibility

Roblar Place is one of the most beautiful, serene, and quiet streets in the area.  It is a quiet cul de sac street with a limited amount of homes, making it extremely private and exclusive. This is a very rare opportunity to purchase an amazing property in this sought after neighborhood. Located on a beautiful tree lined street and private cul de sac, this property sits on the preferred ‘south of the blvd’ area of Sherman Oaks. It is perfect for a retail buyer/end user or a developer. The home was built in 1936, and has been lived in by the same family for the past 60 years. It is prime for a remodel to a Modern Farmhouse design making it consistent with the local styles of the area.  Additional square footage can be added if so desired. According to current building codes, the home is 44% Underbuilt making it fantastic for redevelopment with large margin of profit available to a developer or builder on a remodeled home bringing it current with today’s styles and design.

This home features an entertainers back yard complete with pool, dry sauna and two story, newly renovated guest home. The Guest home is approx.1800 sq. ft. with 2 bedrooms, 2 bathrooms, 2 kitchens, 2 fireplaces and 2 seperate entry ways.

Sherman Oaks is family orientated with great schools, restaurants, boutiques and a good walk score, making it a highly desirable area. Roblar Place is minutes from Ventura Blvd. as well as Beverly Hills and Bel Air.

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