13300 Valleyheart Drive, Sherman Oaks, CA 91423

Sherman Oaks
Local realty services provided by:ERA Excel Realty
13300 Valleyheart Drive,Sherman Oaks, CA 91423
$1,950,000
  • 0.16 Acres
  • Lots / Land
  • Active
Listed by: stephanie vitacco
Office: equity union
MLS#:SR26213094
Source:MLSListings

Price summary

  • Price:$1,950,000

About this home

Prime location! Multifamily opportunity in an irreplaceable location in Sherman Oaks with no current Ellis act obligations. Ideal for luxury building or ED1 Project Approximately 50 Plus Affordable Units. 100% Affordable Project. The CHIP Ordinance contains the Affordable Housing Incentive Program (“AHIP”), which is applicable to 100% affordable housing projects. Since the Project Site is in the “Highest” Opportunity Area (as designated by the California Tax Credit Allocation Committee), a 100% affordable Project is allowed unlimited residential density, zero minimum automobile parking, a 33-foot height increase, and relief from any applicable roadway widening requirements. Up to five (5) Additional Incentives, on- or off-menu, plus one (1) Waiver of Development Standard, may be requested by the Project to achieve relief from applicable development standards (e.g., open space, setbacks, etc.) under various types of ministerial actions.

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Home facts

  • Listing ID #:SR26213094
  • Added:43 day(s) ago
  • Updated:November 15, 2026 at 05:30 PM

Structure and exterior

  • Lot area:0.16 Acres
  • Lot Features:Greenbelt, Level, Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,950,000
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