5511 Ethel Avenue, Sherman Oaks, CA 91401

Local realty services provided by:ERA Excel Realty
5511 Ethel Avenue,Sherman Oaks, CA 91401
$9,000,000
  • 0.96 Acres
  • Lots / Land
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:25626591
Source:CRMLS

Price summary

  • Price:$9,000,000

About this home

The LAAA Team of Marcus & Millichap is pleased to present 5511 Ethel Avenue, a 199-unit, 100% affordable, in-entitlement multifamily development opportunity in the heart of Sherman Oaks. This scale of affordable housing in such a high-barrier to entry Sherman Oaks location is exceptionally rare. In a submarket where new construction one-bedroom rents exceed $3,000, this project delivers urgently needed workforce and affordable housing, directly addressing the region's acute supply constraints for cost burdened renters.PropertyDesigned by JZA Architecture, one of Los Angeles' leading firms specializing in large scale ED1 and 100% affordable housing projects, the proposed six-story community features an efficient stacked design that maximizes unit yield, constructability, and long-term operating efficiency. JZA's deep experience with Executive Directive 1 (ED1) and entitlement driven affordable housing ensures a thoughtfully executed plan that aligns with both policy requirements and

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Home facts

  • Listing ID #:25626591
  • Added:2 day(s) ago
  • Updated:December 18, 2025 at 11:44 AM

Structure and exterior

  • Lot area:0.96 Acres

Finances and disclosures

  • Price:$9,000,000
Based on information from California Regional Multiple Listing Service, Inc. as of December 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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