Sherman Oaks, CA 91423
$99,000

Mark Quesada
Broker / Owner
DRE #02101365
This is your chance to build a custom luxury estate in one of Los Angeles' most coveted hillside neighborhoods. Situated on a quiet, tree-lined paper street on Newcomb Drive, the parcel sits among multi-million-dollar homes and active new construction a clear signal of the area's continued growth. The lot spans over 6,000 square feet with R-1 zoning and commands panoramic views of the San Fernando Valley and surrounding mountains, offering an exceptional canvas for a custom-built residence. Paved road currently extends to within approximately 300 feet of the property, with nearby development further improving access and long-term value. As one of the last remaining buildable lots in the area, it represents a genuinely rare opportunity for both end users and investors. Utilities are not yet connected on-site but are available nearby through neighboring developed properties. The location is hard to beat: minutes from Ventura Boulevard's dining, shopping, and entertainment, with easy access to Beverly Hills, Burbank Airport, Santa Monica, and Downtown LA, plus proximity to some of the area's top schools. Unmatched views, a premier hillside address, and strong development potential make this a rare chance to create a one-of-a-kind estate in the heart of Sherman Oaks.
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$731/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
Listed by Victoria Aguilar, Nelson Shelton & Associates
MLS# 26667069 · Active
$1,614,000
Median sale price
37 days
Avg days on market
98.7% of list
Sells for
Closed sales in 91423 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.