0 Rayneta Drive, Sherman Oaks, CA 91403
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
0 Rayneta Drive,Sherman Oaks, CA 91403
$349,000
- 0.16 Acres
- Lots / Land
- Active
Listed by: ricardo alvarado, narine schneider
Office: nest seekers
MLS#:25622433
Source:CRMLS
Price summary
- Price:$349,000
About this home
Nestled in the sought-after Sherman Oaks Hills neighborhood south of Ventura Boulevard, this 0.16-acre vacant lot (approximately 7,106 square feet) presents an exceptional opportunity for developers, builders, or owner-users looking to create a custom residence in one of Los Angeles' premier areas. Zoned LAR1 (Low Residential, suitable for single-family homes), the property features a gentle upslope terrain, making it one of the more buildable lots in the region.Key highlights include pre-approved geology and soils reports, a recent survey, and architectural plans for a proposed 2,800 square foot modern homepositioning the site close to Ready-to-Issue (RTI) building permits for streamlined development. The lot's elevated position offers potential for captivating views of city lights and nearby greenbelts or parks, enhancing its appeal for a dream hillside retreat.This raw land parcel emphasizes value in its prime location, with easy access to Sherman Oaks' vibrant amenities, top-rated schools (including those in the Los Angeles Unified School District), hiking trails, and major freeways. No existing structures or fireplaces are present, providing a blank canvas for your vision. Seller is open to carry-back financing with agreeable terms.
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Home facts
- Listing ID #:25622433
- Added:92 day(s) ago
- Updated:February 21, 2026 at 02:20 PM
Structure and exterior
- Lot area:0.16 Acres
Finances and disclosures
- Price:$349,000
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