$1,950,000

13300 Valleyheart Drive N, Sherman Oaks CA, 91423

Price per sqft$272.61

Lot size0.16 Acres

Property typeLand

Overview

Active

Listed Sep 30, 2026

Updated 3h ago

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.

Additional information

MLS^® ID: SR26213094

Exterior Features

Lot Size: 0.16 Acres

Other Property Details

55+/Senior Community: No

Listed by Stephanie Vitacco, Equity Union, CA DRE 00985615

Listing Contact: 818-989-2000

Based on information from the CRISNet MLS as of 10/13/2026, 4:12 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being 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.