About this property

Outstanding redevelopment opportunity in a prime Sherman Oaks location. Situated on an approximately 9,704-square-foot lot—just shy of 10,000 square feet—15119 Valleyheart Drive offers an oversized parcel and a compelling blank canvas for a future residential vision. The property is surrounded by continued investment and new construction throughout Sherman Oaks, including newer luxury residences and significant residential and mixed-use development along the nearby Ventura Boulevard and Sepulveda Boulevard corridors. Established destinations including Ventura Boulevard, Sherman Oaks Galleria, Westfield Fashion Square, restaurants, shopping, and everyday conveniences are all within close proximity. Exceptional access to both the 101 and 405 freeways provides convenient connectivity throughout Los Angeles and the San Fernando Valley. With its substantial lot size, central location, proximity to major transportation corridors, and surrounding redevelopment activity, this property presents an opportunity to explore the possibilities of creating something new in an established Sherman Oaks neighborhood. Cash offers only. Property is being marketed for its land and redevelopment potential. Buyer to independently investigate and verify lot size, zoning, allowable uses, development potential, permitting requirements, and all other property information with the appropriate governmental agencies and qualified professionals.

Property facts

Heating

Central

Cooling

None

Parking

2

Stories

1

MLS #

SR26173481

Listed by

Beverly and Company

Price history

• 2026-08-08 · Listed for sale$1,250,000
• 1997-10-03 · Sold$250,000

Nearby schools

• 10
  Kester Avenue Elementary School

  Elementary · Grades K-5 · Public
  0.5 mi
• 6
  Van Nuys Middle School

  Middle · Grades 6-8 · Public
  0.8 mi
• 8
  Van Nuys Senior High School

  High · Grades 9-12 · Public
  2 mi

School data and ratings are provided by third parties and may change. Verify enrollment boundaries directly with the district.

Getting around

Check how 15119 Valleyheart Dr fits your daily routine in Sherman Oaks.