5919 CedrosSherman Oaks, CA 91411

Description

Exceptional duplex opportunity in desirable North Sherman Oaks within sought-after Kester Elementary School District, offering a well-maintained 2-unit property on a large lot with potential long-term upside. Located on a pleasant tree-lined street surrounded by small income properties and single-family homes, this property presents multiple possible paths for an investor or developer. The lot may offer development potential under SB 79 Tier 2 for a possible 3-story, mixed-income project of up to 11 units, or potential ADU and Jr. ADU options; buyer to independently verify all zoning, unit count, development feasibility, permits, and requirements with the City. Each unit features 2 Bedrooms and 1 Bathroom and was fully remodeled inside in 2013 with updated kitchens, cabinetry, countertops, appliances, bathrooms, refinished wood floors, new vinyl flooring in the kitchen, bath, and laundry areas, plus newer windows throughout. Both units also include central air and heat, and the composition roof has been recently replaced in 2024. The property offers a detached 2-car garage assigned to one unit, additional exterior parking, and a spacious rear yard area with parking flexibility. The front unit enjoys a beautifully landscaped private yard with mature hedges. Both units are currently rented and offer an excellent opportunity to acquire a clean income property with immediate rental income and future development potential in a strong Sherman Oaks location.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1958

Stories

1

Building area

1,835 Sq Ft

Lot size

0.16 acres

Garage spaces

2

Parking spaces

2

Days on market

95

MLS^® Listing#

SR26159546

Property Features

Pool

None

Laundry

Inside

Lot features

Rectangular Lot

Community

Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Parcel number

2244009015

Directions

Cedros Ave & Hatteras St