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4747 Orion Avenue

Sherman Oaks, CA 91403
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SqFt8,755

Sqft(Lot)

We are pleased to present 4747 Orion Avenue situated in the heart of Sherman Oaks, just moments from Ventura Boulevard and the 101/405 interchange on a spacious 8,755 SF lot. At the asking price of $1,500,000, the property is offered at $171 per square foot. R3-1 zoning on an 8,755 SF lot unlocks meaningful development optionality. Base density supports up to 10 units by right at 1unit per 800 SF of lot area, with additional density achievable through Density Bonus, SB 9, and state housing provisions - all of which have seen active uptake throughout Sherman Oaks. Buyer to verify. The surrounding submarket has attracted significant institutional capital, with IMT Residential's 249-unit Citrus Commons and 325-unit Via Avanti either recently delivered or nearing completion within close proxim ity, validating deep and sustained investor conviction in the Sherman Oaks multifamily market. Metro's East San Fernando Valley Light Rail is currently under construction along Van Nuys Boulevard, with 11 stations planned between the G Line and Pacoima. Additionally, the Sepulveda Transit Corridor - a proposed high-capacity rail connection linking the Valley to the Westside - is advancing through environmental review, with a corridor alignment running through Sherman Oaks.

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Detail Ic Property Details

Property Type : Land

Price : $1,350,000

AD Id : 87407259

MLS Id : 26854807

Lot Size : 8,755 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 8755 Lot Size Acres: 0.201 Lot Size Source: Estimated Lot Size Square Feet: 8,755

  • Listing Price Information

    Listing Price: $1350000
    Original Price: $1500000

  • Tax Information

    Parcel Number: 2261038042

  • Location Information

    Direction: Orion Ave south of Camarillo, west of 405 Fwy
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15072 Encanto Dr, Sherman Oaks, CA, 91403 $749,000 -- -- -- 7,455 Sqft(Lot)
3941 Pacheco Drive, Sherman Oaks, CA, 91403 $335,000 -- -- -- 6,230 Sqft(Lot)
3947 N Hopevale Drive, Sherman Oaks, CA, 91403 $125,000 -- -- -- 5,329 Sqft(Lot)
3895 N Hopevale Drive, Sherman Oaks, CA, 91403 $65,000 -- -- -- 4,941 Sqft(Lot)
3905 N Hopevale Drive, Sherman Oaks, CA, 91403 $65,000 -- -- -- 5,305 Sqft(Lot)
3359 Vista Haven Road, Sherman Oaks, CA, 91403 $1,750,000 -- -- -- 24,412 Sqft(Lot)

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ByOwner last updated this listing 08/20/2026 @ 19:57

MLS: 26854807 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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