4703 Saloma Avenue

Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks, RTI. Build a 3,000 plus square foot modern home including a pool and ADU on the second floor. Situated on a 6,757 square foot lot this home set on a beautiful, wide tree lined street. With permits ready-to-issue (RTI), this property provides a unique opportunity for investors, real estate developers, and/or remodel savvy buyers. Just 1.5 blocks north of Ventura Blvd and nestled in a desirable neighborhood with growing increase in property values and new homes, the location boasts excellent, walkable proximity to restaurants, shops, cafes, entertainment. An ideal location for easy commutes, great schools, local amenities and an abundant lifestyle. Architectural plans included are thoughtful, sophisticated and showcase a sleek modern design. With the low ARV and the ready-to-issue permits that include a pool plus an expansive ADU that could be an extraordinary primary suit - this property offers an incredible opportunity for your next investment or project. Please view all photos to see renderings, current condition and street view. Imagine all the possibilities and more.