See Home Value
$1,460,000
● Land - Off Market

5938 Buffalo Avenue

Sherman Oaks, CA 91401
bedrooms
Studio
bathrooms
0 Bath
$7,857
Est. Monthly

About This Property

Fantastic location to build an entitled 5 story on grade apartment project consisting of a total of  22 units (18 apartments and 4 ADUs and including 2 very low income units) in Sherman Oaks. The entitled site currently has a 2,040 sq.ft. industrial/light manufacturing building on it with a month to month tenant.  The plans consist of 6 one bedroom/one bath units, 10 one bedroom plus den/two bath units, 2 two bedroom plus den/2 bath units and 4 ADUS which can be made into three bedroom/2.5 bath units, and 150 square feet of commercial space.  The project parks 8 stalls.

* .189 acres; 8,519.6  sq.ft.

* Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station

* Project is located directly across the street from the Studio City DASH (which drops off at Valley College)

* Project is located less than a half a mile from Valley College

* Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
Unit Size
-
Days on Market
224 days
Land Size
0.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1953

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Last updated: 2 years ago (CRMLS #SR25008391)

Price History

Date / Event Date Event Price
Aug 26, 2025 Sold
Sold
Jun 25, 2025 In contract -
In contract
Feb 13, 2025 Listed $1,600,000
Listed
Fantastic location to build an entitled 5 story on grade apartment project consisting of a total of 22 units (18 apartments and 4 ADUs and including 2 very low income units) in Sherman Oaks. The entitled site currently has a 2,040 sq.ft. industrial/light manufacturing building on it with a month to month tenant. The plans consist of 6 one bedroom/one bath units, 10 one bedroom plus den/two bath units, 2 two bedroom plus den/2 bath units and 4 ADUS which can be made into three bedroom/2.5 bath units, and 150 square feet of commercial space. The project parks 8 stalls. * .189 acres; 8,519.6 sq.ft. * Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station * Project is located directly across the street from the Studio City DASH (which drops off at Valley College) * Project is located less than a half a mile from Valley College * Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
Jan 13, 2025 Listed by Century 21 Masters $1,600,000
Listed by Century 21 Masters

Property Highlights


Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,383
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 3
  • Property Class: I
  • Subdivision: 5949
  • Land Acres: 0000000192
  • Standard Land Use Code: 5002
  • County Land Use Code: 3100
  • Legal Description 1: TRACT # 5949 LOT COM AT MOST N COR OF LOT 13 TH S ON E LINE OF BUFFALO AVE 130.26 FT TH E TO NE LINE OF SD LOT TH NW THEREON TO BEG PART OF LOT 13

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128601

Zoning

  • Zoning: LAC1

Geography

  • Assessors Map Reference: 15-F6
  • Subdivision Tract Number: 5949
  • Parcel: 2343-001-018
  • Lot: 13
  • Municipality: NORTH /CENTRAL VALLEY
  • Latitude: 34.1788
  • Longitude: -118.43

    Address

  • Full Address: 5938 Buffalo Ave
  • Address - House Number: 5938
  • Address - Street Name: Buffalo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Zip Code: 91401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $170,232
  • Tax Rate Code Area: 00-013

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $950,000
  • Assessed Land Value: $775,000
  • Assessed Improvements Value: $175,000

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 886791
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Valley


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Frequently Asked Questions

When was property at 5938 Buffalo Avenue built and last sold?
The property at 5938 Buffalo Avenue was built in 1953 and last sold on Aug 24, 2022 for $950,000.
How much is this home worth?
The estimated value of the home located at 5938 Buffalo Avenue is $0.
What are some comparable homes to 5938 Buffalo Avenue?
There are currently no comparable homes to 5938 Buffalo Avenue.