$349,000
$46K PRICE DROP

0 Rayneta Dr Sherman Oaks, CA 91403

Estimated payment $2,147/month

Total Views 7,077
0.16 Acre
$2,139,792 Price per Acre
7,106 Sq Ft Lot

About This Lot

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.

Listing Agent

Ricky Alvarado

Nest Seekers License #01948339 Listed on: 11/24/2025

Nest Seekers

Co-Listing Agent

Narine Schneider

Nest Seekers License #02095368

Property Details

Property Type

  • Land

Lot Details

  • 7,106 Sq Ft Lot
  • Lot Sloped Up
  • Property is zoned LAR1

Property Views

  • Views of Hills

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2277-022-012

Property Details

Property Type

Land

Lot Details

7,106 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1631
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt, Sidewalk, Curbed
  • View: Hills
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 2277-022-012
  • Lot Size Area: 7106
  • Site Decription: Hillside
  • Topography: Uphill

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2026 01/15/26 Price Changed $349,000 -11.6% --
11/24/2025 11/24/25 For Sale $395,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25622433

The MLS
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