5511 Ethel Avenue, Sherman Oaks, CA 91401

Sherman Oaks
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5511 Ethel Avenue,Sherman Oaks (los Angeles), CA 91401
$9,000,000
  • 0.96 Acres
  • Lots / Land
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:CL25626591
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$9,000,000

About this home

Pleased to present 5511 Ethel Avenue, a 199-unit, 100% affordable, in-entitlement multifamily development opportunity in the heart of Sherman Oaks. This scale of affordable housing in such a high-barrier to entry Sherman Oaks location is exceptionally rare. In a submarket where new construction one-bedroom rents exceed $3,000, this project delivers urgently needed workforce and affordable housing, directly addressing the region's acute supply constraints for cost burdened renters. Property Designed by JZA Architecture, one of Los Angeles' leading firms specializing in large scale ED1 and 100% affordable housing projects, the proposed six-story community features an efficient stacked design that maximizes unit yield, constructability, and long-term operating efficiency. JZA's deep experience with Executive Directive 1 (ED1) and entitlement driven affordable housing ensures a thoughtfully executed plan that aligns with both policy requirements and modern design standards. The project...

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Home facts

  • Listing ID #:CL25626591
  • Added:105 day(s) ago
  • Updated:March 31, 2026 at 02:29 PM

Structure and exterior

  • Lot area:0.96 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$9,000,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 31, 2026

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