4747 Orion Avenue, Sherman Oaks, CA 91403
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4747 Orion Avenue,Sherman Oaks, CA 91403
$1,350,000
- 0.2 Acres
- Lots / Land
- Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26854807
Source:CRMLS
Price summary
- Price:$1,350,000
About this home
We are pleased to present 4747 Orion Avenue situated in the heart of Sherman Oaks, just moments from Ventura Boulevard and the 101/405 interchange on a spacious 8,755 SF lot. At the asking price of $1,500,000, the property is offered at $171 per square foot. R3-1 zoning on an 8,755 SF lot unlocks meaningful development optionality. Base density supports up to 10 units by right at 1unit per 800 SF of lot area, with additional density achievable through Density Bonus, SB 9, and state housing provisions - all of which have seen active uptake throughout Sherman Oaks. Buyer to verify. The surrounding submarket has attracted significant institutional capital, with IMT Residential's 249-unit Citrus Commons and 325-unit Via Avanti either recently delivered or nearing completion within close proximity, validating deep and sustained investor conviction in the Sherman Oaks multifamily market. Metro's East San Fernando Valley Light Rail is currently under construction along Van Nuys Boulevard, with 11 stations planned between the G Line and Pacoima. Additionally, the Sepulveda Transit Corridor - a proposed high-capacity rail connection linking the Valley to the Westside - is advancing through environmental review, with a corridor alignment running through Sherman Oaks....
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Home facts
- Listing ID #:26854807
- Added:100 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Structure and exterior
- Lot area:0.2 Acres
Finances and disclosures
- Price:$1,350,000
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