Home For Sale

Picture of Home For Sale in Sherman Oaks, California, United States

$1,995,000

4735 Tyrone Ave
Sherman Oaks, California, United States

3bd 3ba

Listed By: Realtyww Info

Listed On: 06/02/2023

Listing ID: GL10295210 View More Details

Description

Welcome to a unique fixer opportunity in the highly sought-after Sherman Oaks neighborhood. This expansive double lot, spanning approximately 15, 000 square feet, offers limitless potential for development and customization. Nestled on a serene cul-de-sac street, this historically significant property holds a special place in Hollywood's history, having been the residence of renowned celebrities like John Wayne during the illustrious Golden Age. Its proximity to renowned studios further adds to its appeal. Take advantage of this extraordinary chance to leave your mark on this remarkable estate. The property comes with LADBS approved plans (RTI) for a 1, 200 square foot accessory dwelling unit (ADU) and an existing 3-bedroom, 3-bathroom house spanning over 2, 400 square feet. This opens up the possibility of creating a spacious 3, 600 square foot living space. Additionally, you can explore the exciting opportunities presented by SB9/SB10 for potential multi-unit construction (buyer to verify with the city). Let your imagination soar as you redefine the possibilities of this remarkable compound. Envision a captivating swimming pool being brought back to life, a tranquil koi pond, a thriving orchard, and an expansive private yard, perfect for relaxation and entertainment. The property's location is conveniently close to the vibrant Citrus Commons, Fashion Square, and Sherman Oaks Park, striking a perfect balance between tranquility and convenience. Enjoy easy access to Ventura Blvd, Sherman Oaks Galleria, Westfield Fashion Square, as well as major freeways like the 101 and 405. Contact us today to explore the countless possibilities.

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Listed by: Keller Williams Beverly Hills