$4,850,000

[APNs: 2265-00-5016, 2265-005-017,2265-005-018] 14620 Moorpark St is an exceptional development opportunity in the sought-after Sherman Oaks, Los Angeles. The neighborhood is renowned for its luxurious high-end single-family homes and luxurious apartments.Sherman Oaks offers first-class amenities, including a top-rated public school system, a host of restaurants, bars, markets, and entertainment options. Additionally, the property's strategic location provides access to some of the popular retail locations on VenturaBlvd, including Whole Foods Market, Pavilions, and Sephora. The neighborhood's walking score of 83 highlights the ease of walking around and enjoying the community.14620 Moorpark St comprises three parcels with over 150 feet of frontage on Moorpark St. The site's existing zoning of R3P-1 with aTier 3 Transit Oriented Designation provides a unique opportunity for investors and developers. The property's rare on-grade parking isa significant benefit to the adjacent retail assemblage, which is rare.The location is also advantageous, providing easy access to transit options, Van Nuys Blvd and freeways 405 and 101, making it convenient for commuters joining the workplace at local employers such as Universal Studios Hollywood or Warner Bros Studios.