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3420 Beverly Glen

Sherman Oaks, CA 91423
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SqFt143,795

Sqft(Lot)

Rare semi-approved development opportunity in prime Sherman Oaks, south of the Boulevard, just minutes from Beverly Hills and near Mulholland Drive. This is one of the last remaining projects of its kind in the area, offering exceptional city-light and mountain views. The current owner has spent over 10 years and significant funds on the subdivision process, and a buyer can now pursue the creation of 3 separate view lots of approximately 43,680 SF, 45,450 SF, and 55,364 SF (buyer to verify). Each lot has the potential for an impressive custom estate, subject to the requirements and approvals of the City of Los Angeles. A new buyer will need to complete grading/flattening of the property and construct an access road in order to finalize the subdivision and move forward with development. Once completed, the site could accommodate three luxury homes of roughly 5,000–10,000 SF or more per residence, depending on city regulations and buyer’s design (buyer and buyer’s architect to verify). Based on current estimates, the land value for each finished lot without plans is projected in the range of approximately $1,350,000 to $1,500,000 per lot (subject to market conditions and buyer’s own analysis). For full details, due diligence materials, and to discuss the subdivision status, please contact the listing agents directly.

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Detail Ic Property Details

Property Type : Land

Price : $989,000

AD Id : 76501819

MLS Id : GD26056753

Lot Size : 143,795 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 3.3011
  • Lot Size Source: Assessor Lot Size Square Feet: 143795

  • Listing Price Information

    Original List Price: 989,000 Listing Contract Date: 2026-03-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2274021028

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: SO - Sherman Oaks Directions: Ventura FWY south on Van Nuys Left on Valley Vista right to BeverlyGlen Blvd. Zoning: R1 Source Property Type: Land Area: SO - Sherman Oaks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4615 Fulton Avenue, Sherman Oaks, CA, 91423 $2,495,000 -- -- -- 10,914 Sqft(Lot)
13388 Newcomb Drive, Sherman Oaks, CA, 91423 $199,000 -- -- -- 7,205 Sqft(Lot)
13406 Newcomb, Sherman Oaks, CA, 91423 $99,000 -- -- -- 6,074 Sqft(Lot)
3923 Deer Avenue, Sherman Oaks, CA, 91423 $139,000 -- -- -- 17,102 Sqft(Lot)
3747 Camino De La Cumbre, Sherman Oaks, CA, 91423 $299,900 -- -- -- 15,558 Sqft(Lot)
3573 Camino De La Cumbre, Sherman Oaks, CA, 91423 $156,900 -- -- -- 13,745 Sqft(Lot)
3708 Oakfield Drive, Sherman Oaks, CA, 91423 $399,000 -- -- -- 18,278 Sqft(Lot)
3664 Oakfield Drive, Sherman Oaks, CA, 91423 $699,000 -- -- -- 14,029 Sqft(Lot)
3724 N Knobhill Drive, Sherman Oaks, CA, 91423 $199,000 -- -- -- 10,924 Sqft(Lot)
3654 Oakfield Drive, Sherman Oaks, CA, 91423 $599,000 -- -- -- 13,642 Sqft(Lot)

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ByOwner last updated this listing 06/13/2026 @ 03:38

MLS: GD26056753 LISTED BY: Arthur Mangassarian, Re/Max Tri-City Realty 818-409-0040 SOURCE: CRMLS

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