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3963 Hopevale Dr, Sherman Oaks,CA 91403.Best Priced Sherman Oaks Hills Lot with a View!

By Endre Barath, Jr.

Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

October 16, 2010 09:42 AM

3963 Hopevale Dr, Sherman Oaks, CA 91403 is Truly the Best Priced Vacant Land with a View of The San Fernando Valley.

STATUS: Active

ADDRESS: 3963 Hopevale DR , SHERMAN OAKS ,CA 91403

LP: $119,000

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RESIDENTIAL LAND	AREA: (72) Sherman Oaks	MLS# 10-484981	MAP: 561/H6
APN: 2277-018-005	SUB:	GAS: Other	WATER: In Street	ELECTRIC: In Street
ADP: No	ZONE: LAR1	TELEPHONE: No	TV/CABLE: No	SEWER: In Street
APX ACREAGE: N/A	VIEW: Yes	STAKED: No	APX LDM:	APX LSZ: 4,730/OT
HORSE PROP:No	BONDS/ASSESSMENTS:
ELEM: Check w/City	JRHS: Check w/City	SRHS: Check w/City

DIRECTIONS: Valley Vista to Stone Canyon to Rayneta to Hopevale

This lot is on a paved road with all utilities nearby. Three doors down a Multi Million Dollar home was recently finished. This lot is on a Cul-de-Sac street. Very desirable Sherman Oaks Hills neighborhood. Six months ago a lot sold at the end of the street for $60k more and the buyer has to improve the road to it. This is not an REO, it is Not a Short Sale, it is just priced below market for a Sale. Seller needs money for another project. His loss your gain. Bring your Architect and start designing your Dream View Home in the Sherman Oak Hills! Seasoned Developers or Novice Developers this has a huge upside!

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations

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Juli Vosmik

Dominion Fine Properties - Scottsdale, AZ

Scottsdale/Cave Creek, AZ real estate 480-710-0739

Endre, do you know what, on average, the cost of bringing the utilities onto the lot is? Here in Scottsdale, Az it's about $30,000, depending on the lot size and distance to the actual home.

Oct 16, 2010 05:03 PM

Joni Bailey

101 Main St. Realty - Huntsville, TX

Your Huntsville / Lake Livingston Area REALTOR®

Wow, Endre! Look at you getting all the great lot listings! Good for you!!

Oct 16, 2010 05:49 PM

Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Juli, great question this is a very expensive proposition, sewer could run from $15k-$40k, electricity is by linear foot and on and on....therefore it is very valuable to have the utilities in the street to mitigate these expenses. Just to give you an idea the road could cost in some places over $1million.......developers understand this but not all novice buyers.

Oct 17, 2010 10:07 AM

Joni, thank you I have about 20 +/- in the MLS and quite a few in my hip pocket as well. I would love it if most be sold, land takes time to sell in this market.

Oct 17, 2010 10:08 AM

Wow, everything is more expensive in CA - to be expected. It's good that your listing states "nearby" - would help in determine final cost to build.

Oct 18, 2010 06:22 PM

3963 Hopevale Dr, Sherman Oaks,CA 91403.Best Priced Sherman Oaks Hills Lot with a View!

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Endre Barath, Jr.

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