- $349k Price
- .16 Acres
- 55 DOM
Rayneta Drive
Nestled in the sought-after Sherman Oaks Hills neighborhood south of Ventura Boulevard, this 0.16-acre vacant lot (approximately 7,106 square feet) presents an exceptional opportunity for developers, builders, or owner-users looking to create a custom residence in one of Los Angeles' premier areas. Zoned LAR1 (Low Residential, suitable for single-family homes), the property features a gentle upslope terrain, making it one of the more buildable lots in the region.Key highlights include pre-approved geology and soils reports, a recent survey, and architectural plans for a proposed 2,800 square foot modern homepositioning the site close to Ready-to-Issue (RTI) building permits for streamlined development. The lot's elevated position offers potential for captivating views of city lights and nearby greenbelts or parks, enhancing its appeal for a dream hillside retreat.This raw land parcel emphasizes value in its prime location, with easy access to Sherman Oaks' vibrant amenities, top-rated schools (including those in the Los Angeles Unified School District), hiking trails, and major freeways. No existing structures or fireplaces are present, providing a blank canvas for your vision. Seller is open to carry-back financing with agreeable terms.
Essential Information
- MLS® #25622433
- Price$349,000
- Bathrooms0.00
- Acres0.16
- TypeLand
- StatusActive
Community Information
- AddressRayneta Drive
- AreaSO - Sherman Oaks
- CitySherman Oaks
- CountyLos Angeles
- Zip Code91403
Amenities
- ViewHills
Exterior
- Lot DescriptionSloped Up
Additional Information
- Date ListedNovember 24th, 2025
- Days on Market55
- ZoningLAR1
Listing Details
- AgentRicardo Alvarado
- OfficeNest Seekers
Price Change History for Rayneta Drive, Sherman Oaks, (MLS® #25622433)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $395,000 to $349,000 |
Ricardo Alvarado, Nest Seekers.
Based on information from California Regional Multiple Listing Service, Inc. as of January 18th, 2026 at 7:41pm PST. 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.