NOT LISTED FOR SALE

14419 Riverside Dr Sherman Oaks, CA 91423

0.3 Acre
-- Price per Acre
13,068 Sq Ft Lot

Last Sold January 16, 2019

Last sale price $2,050,000 $1,803 Per Sq Ft

68 Days on Market

About This Lot

As of January 2019

We are pleased to present 14419 W Riverside Drive, a high profile 12-unit "RTI" development opportunity in prime Sherman Oaks, CA. The property is comprised of approximately 0.30 acres (12,998 SF) lot area zoned RD1.5. The offering currently has entitlements for a 3-story 12-unit apartment building consisting of (4) 1 + 1 units, (6) 2 + 2 units, and (2) 3 + 2 units. The proposed gross building area totals 16,508 square feet. 14419 W Riverside Drive is ideally located in the epicenter of the South San Fernando Valley, which boasts high-profile demographics, dense immediate population, high barriers to entry, and strong market fundamentals yielding an investor/landlord favored market conditions with significant growth potential. Centrally located just north of the Ventura (101) Freeway, and conveniently positioned in the center of a broad range of employment and retail options, 14419 W Riverside Drive is surrounded by high-end neighborhoods, two of the most sought-after shopping center

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 11/08/2018

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 11/08/2018

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot

Additional Features

  • Property Views

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.3000
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 12998

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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
01/16/2019 01/16/19 Sold $2,050,000 -2.4% $1,803 / Sq Ft
12/11/2018 12/11/18 Price Changed $2,100,000 -16.0% $1,847 / Sq Ft
11/08/2018 11/08/18 For Sale $2,500,000 0.0% $2,199 / Sq Ft
11/16/2016 11/16/16 Rented $2,600 0.0% --
11/16/2016 11/16/16 Under Contract -- -- --
10/18/2016 10/18/16 For Rent $2,600 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-405778

The MLS

APN: 2248-005-018