5950 Cedros Ave #67, Van Nuys, CA 91411
PENDING
0.71 ACRES
Listed by Francis Evanisko, Evanisko Realty & Investment, (213) 200-6957

$5,877,000

    5950 Cedros Ave #67, Van Nuys, CA 91411

    Sherman Oaks
    Est. Mortgage $36,819/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    0.71 acre lot

    Local Information

    • Map ViewExplore the area around 5950 Cedros Ave #67.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    We are pleased to present the opportunity to acquire fee simple interest in 5950 N. Cedros Ave. (et. al. addressees) AKA the “Valley Metro” development site; a 30,735 SF transit-oriented development opportunity. The site is just steps from the intersection of the new East Valley Metro line stop AND the Orange Line at Van Nuys Blvd. and Oxnard St.

    In addition to its transit-oriented location, the values appurtenant to the base zoning couldn’t be any more enticing for the permitting and funding of affordable housing. The site’s yield will be dictated by the taste of the developer and their capital constraints and not by zoning policy as virtually all entitlement pathways under CHIP ( DB, MIIP, or AHIP) will allow unlimited density, more FAR than is needed, and likely more height than needed all without a planning case!

    It may be a logical use of the site worthy of consideration to develop five stories across the 21,568 rectangular portion and use the current parking lot for parking, trash enclosure, and amenities. By our calculations this could produce, conservatively, about 59,655 SF of leasable area within five stories Type IIIA. Assuming an average unit size of 500 SF, this would produce a yield of about 120 units.

    Home Details for 5950 Cedros Ave #67

    Interior Features

    View
    Has a ViewView: City Lights, Mountain(s), Neighborhood, Panoramic, Valley

    Exterior Features

    Frontage
    Not on Waterfront
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Cumulative Days on Market: 106Days on Market: 169

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionHas Additional Parcels
    Property Information
    Parcel Number: 2244006039Additional Parcels Description: 2244006039

    Price & Status

    Price
    List Price: $5,877,000
    Status Change & Dates
    Off Market Date: Fri Nov 14 2025

    Active Status

    MLS Status: Pending

    Location

    Direction & Address
    City: Van Nuys

    Agent Information

    Listing Agent
    Listing ID: SR25172430

    Community

    Community Features: Storm Drain(s), Street Lights, Sidewalks, Urban, Valley, ParkNot Senior Community

    HOA

    Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 0.71 acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Cash to Existing Loan, 1031 Exchange

    Miscellaneous

    Mls Number: SR25172430Living Area Range Units: Square FeetAttribution Contact: 213-200-6957Common Interest: NoneUniversal Property Id: US-06037-N-2244006039-R-N

    Additional Information

    Storm Drain(s)Street LightsSidewalksUrbanValleyParkSource Internet Entire Listing Display

    Around this home

    Neighborhood Overview

    Sherman Oaks
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about Sherman Oaks

    At least 659 Trulia users voted on each feature.

    • 94 % Say it's dog friendly

    • 84 % Say car is needed

    • 79 % Say it's walkable to restaurants

    • 79 % Say there are sidewalks

    • 71 % Say it's walkable to grocery stores

    • 69 % Say people would walk alone at night

    • 65 % Say parking is easy

    • 63 % Say there's holiday spirit

    • 61 % Say yards are well-kept

    • 59 % Say streets are well-lit

    • 58 % Say they plan to stay for at least 5 years

    • 55 % Say neighbors are friendly

    • 51 % Say it's quiet

    • 41 % Say there's wildlife

    • 40 % Say kids play outside

    • 24 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Alex K
      "Beautiful neighborhood with charming shops and great gardens "
      0
      Flag
    • Amy Kang
      "There are not enough sidewalks and most people don’t walk outside. And the weather is much too hot. "
      0
      Flag
    • Jimlakin
      "Very quiet and walkable. Friendly neighbors. Great views. "
      0
      Flag
    • Karsberg
      "A lot of dogs and a lot of love. Very friendly for dogs. Best ever! Everybody are nice and it’s a simple dog life. "
      1
      Flag
    • Sophia Bui
      "Dens of Coyotes roam wild by the LA river. So walk yr dogs during daylight and little dogs be aware! "
      1
      Flag
    • Trulia User
      "I mostly commute by car or bicycle. There are glstretts with sidewalks and many trees, quite area to walk with dogs. Also, Lake Balboa and VNSO within 10min drive. I like Sherman Oaks "
      4
      Flag
    • M9dwwn7679
      "Lots of dog walkers about, active community, especially in the mornings and evenings. Some small dog parks are around. "
      1
      Flag
    • Logan Martin
      "Daily driver, apartment complex gated. Double gates. Left right left right straight for a while then over the hill. "
      0
      Flag
    • Pavel Balykin
      "In my experience, living in the area everything south of Oxnard Blvd is relatively safe and in some areas Burbank Blvd."
      0
      Flag
    • Olivia Solomon
      "a lot of people don't pick up after their dogs. so, you have to watch where you step or else you'll step in poop"
      0
      Flag
    • Rickkontos
      "Too many hills Long steep main road Busy at night Difficult drive Long commute Mountain Road and steep cliff like roads "
      0
      Flag
    • Tiera
      "Nice parks, but some neighborhoods don’t have sidewalks, so taking kids for a walk can be difficult "
      0
      Flag
    • Trulia User
      "Lots of quiet residential streets, feels safe. Tons of people out walking their dogs, all the streets are well maintained. "
      1
      Flag
    • Trulia User
      "It’s in the heart of Historic Auto Row. Homeowners seem to take pride in their yards and homes. You can go right around the corner and buy weed at the fancy new dispensary."
      8
      Flag
    • Trulia User
      "The community is becoming a little bit more diverse. The elementary schools in this community are really good. The PTA does a great job fundraising money so the schools have a lot of programs. I would be mindful of the middle & high schools though. "
      0
      Flag
    • Trulia User
      "They’ll like the sidewalks but people don’t pick up after their dogs. There’s a lot of places to walk too. Community is friendly. "
      1
      Flag
    • Trulia User
      "Love the ShOaks! Has that ideal combination of feeling suburban with the convenience of still being in the greater city area. "
      0
      Flag
    • Trulia User
      "busy but not too bad. you can get around freely if you know the best route. the freeways (101 and 405) are two of the worst..however, the side streets and major streets are plentiful."
      1
      Flag
    • Trulia User
      "the neighborhood actually makes you feel that you are in Burbank area. i feel very safe to walk the neighborhood."
      7
      Flag
    • Trulia User
      "Very neighborly area with lots of good amenities around. Including many good restaurants and super markets. "
      0
      Flag
    • Trulia User
      "it's nice and the houses are well kept. the neighbors are friendly. close to stores. beautiful neighborhood. "
      2
      Flag
    • Trulia User
      "It’s a dog friendly neighborhood Most neighbors are friendly. Nice beauty supply, Starbucks near. No police :( when theft occurs. "
      0
      Flag
    • Trulia User
      "I drive, but this neighborhood is also very walkable and it’s easy to find anything like nail salons, grocery stores, book stores, frozen yogurt shops or even clothing boutiques in this area down Ventura Blvd. It’s friendly, clean, safe and very beautiful! "
      1
      Flag
    • Trulia User
      "This is a great neighborhood for families. Lots of quiet streets, great for walking, pretty quiet at night."
      0
      Flag
    • Trulia User
      "Keep kids off the streets since there are a lot of cars and traffic during the day especially. Make sure they are safe and close to home for the most part. Also the local Whole Foods just renovated and it looks awesome. "
      0
      Flag
    • Nikki A.
      "I've lived here for 7 years. It's incredibly convenient with 3 grocery stores in walking distance, multiple restaurants, few minutes to freeway access. The dog walkers get to know your dog by name, but not yours :) I feel safe walking alone 24/7, street parking can be a hassle from restaurant employees and visitors."
      31
      Flag
    • Ryan B.
      "We have plenty. Many Halloween events and trick or treaters, an annual street fair, block parties, and neighborhood events. "
      1
      Flag
    • Maryam .
      "The beautiful streets and homes! The variety of restaurants and bars! Good schools are around and it’s quiet!"
      12
      Flag
    • Mbm.morse
      "The park on Hazeltine Ave is pretty active, people are always there enjoying it. They street fair once a year on Ventura blvd is a lot of fun as well. "
      0
      Flag
    • Chase W.
      "Good for groceries, restaurants, and bars. Far from the beach but close to all major freeways. Very clean!"
      1
      Flag
    • Sabrina M.
      "Has good public transportation and really close to 101 freeways. Although Ventura Blvd and 101 freeway is quite packed during rush hours. "
      0
      Flag
    • Lily W.
      "I would say the peace and the respect in the flat neighborhoods. Although my family lives on a hill which is not the safest to walk around because of the steepness and risk of cars, whenever we drive down to the flat neighborhoods it is so beautiful, breezy, and welcoming down there."
      6
      Flag
    • Gloria M.
      "It’s nice quiet and close to everything best part is you can chose to drive highway or canyons beautiful drive convenient to shopping malls and Ventura Blvd with restaurants and boutiques "
      5
      Flag
    • Lisa C.
      "Long -to Malibu 3x weeks 5–10 to studio city the other days Traffics horrible now always no matter time of day "
      1
      Flag
    • Lanaking67
      "Local coffee shop where “everybody knows your name” Lovely and peaceful environment that’s great for families "
      1
      Flag
    • Jessica R. .
      "Close to everything. Nice area especially in the hills. Great restaurants and local Bars. Nice weather always"
      0
      Flag
    • Jerry
      "Car nights on Van Nuys Blvd. There are dozens of custom rods and motorcycles, and lots of people all up and down the street, all very considerate."
      0
      Flag
    • Heidi K.
      "It’s a great place to live. There’s a lot going on at the park. There’s something for everyone. It’s also a very dog friendly neighborhood. "
      1
      Flag
    • Blanca V.
      "There aren’t a lot of community events here in this area. There are definitely a lot of restaurants and bars but many of the events would be more in downtown Los Angeles. "
      0
      Flag
    • Bonnie N.
      "The annual Sherman Oaks street fair that takes over a long stretch of Ventura Blvd. Great food and community building."
      0
      Flag

    Market trends in Sherman Oaks

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $1.44M
    $10K    MoM
    Sale-to-List Price
    99.1%
    0.1%    MoM
    Price per sq ft
    $758
    $12    MoM
    Available listings
    353
    10    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    14822 Delano St, Van Nuys, CA
    0.30
    Lot/Land
    $1,658,100
    06/15/26
    -
    -
    14233 Delano St #22, Van Nuys, CA
    0.59
    Lot/Land
    $1,200,000
    07/23/26
    -
    -
    5934 Murietta Ave, Van Nuys, CA
    0.81
    Lot/Land
    $1,110,000
    12/10/25
    -
    -
    7110 Firmament Ave #21, Van Nuys, CA
    1.79
    Lot/Land
    $1,175,000
    01/15/26
    -
    -
    15220 Saticoy St #14, Van Nuys, CA
    2.12
    Lot/Land
    $860,000
    01/30/26
    -
    -
    4418 Woodley Ave, Encino, CA
    2.56
    Lot/Land
    $2,300,000
    12/23/25
    -
    -
    7315 Woodley Ave #131, Van Nuys, CA
    2.46
    Lot/Land
    $750,000
    07/15/26
    -
    -
    3754 Oakfield Dr, Sherman Oaks, CA
    2.76
    Lot/Land
    $61,600
    02/27/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    5940 Cedros Ave, Van Nuys, CA 91411
    0.03
    $800,000
    2
    1
    785
    Recently Sold
    5941 Tobias Ave, Van Nuys, CA 91411
    0.03
    $1,379,200
    3
    2
    1,731
    Off Market
    5945 Tobias Ave, Van Nuys, CA 91411
    0.03
    $1,328,900
    5
    3
    1,700
    Off Market
    5931 Tobias Ave, Van Nuys, CA 91411
    0.05
    $910,000
    2
    1
    921
    Recently Sold
    5919 Cedros Ave, Van Nuys, CA 91411
    0.08
    $999,000
    4
    2
    1,835
    For Sale
    5859 Cedros Ave, Van Nuys, CA 91411
    0.13
    $1,196,500
    3
    2
    1,728
    Off Market
    5853 Tobias Ave, Van Nuys, CA 91411
    0.12
    $946,200
    2
    1
    825
    Off Market
    5837 Cedros Ave, Van Nuys, CA 91411
    0.16
    -
    3
    2
    1,280
    Foreclosure
    5839 Tobias Ave, Van Nuys, CA 91411
    0.15
    $965,000
    3
    1
    974
    Recently Sold
    5838 Natick Ave, Van Nuys, CA 91411
    0.17
    $1,510,000
    4
    2.5
    1,966
    Recently Sold
    14642 Calvert St, Van Nuys, CA 91411
    0.16
    $1,475,000
    8
    8
    3,276
    For Sale
    14642 Calvert St #4, Van Nuys, CA 91411
    0.16
    $1,341,700
    8
    8
    3,276
    Off Market

    Price and Tax history

    DateEventPrice
    Nov 14, 2025
    Source: CRMLS #SR25172430
    		Pending
    $5,877,000
    Jul 31, 2025
    Source: CRMLS #SR25172430
    		Listed For Sale
    $5,877,000

    LGBTQ Local Legal Protections

    Francis Evanisko, Evanisko Realty & Investment
    Agent Phone: (213) 200-6957
    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
    Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-15 00:14:39 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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    Frequently asked questions about 5950 Cedros Ave #67

    • How big is 5950 Cedros Ave #67?
      5950 Cedros Ave #67 in Van Nuys, CA is about 0.71 acres (30,735 sq ft).
    • What is the price per acre for 5950 Cedros Ave #67?
      5950 Cedros Ave #67 in Van Nuys, CA is listed at $5,877,000, or about $8.3M per acre.
    • What do residents say about the Sherman Oaks neighborhood?
      Residents describe the Sherman Oaks neighborhood in Van Nuys, CA as dog-friendly, walkable to restaurants, and pedestrian-friendly. See homes for sale in Sherman Oaks, Van Nuys.
    • What are the closest schools to 5950 Cedros Ave #67?
      The closest schools to 5950 Cedros Ave #67 in Van Nuys, CA are Kester Avenue Elementary School (rated 10/10), Van Nuys Middle School (rated 6/10), Van Nuys Senior High School (rated 8/10).
    5950 Cedros Ave #67, Van Nuys, CA 91411 is a lot/land. 5950 Cedros Ave #67 is located in Sherman Oaks, Van Nuys. This property is currently available for sale and was listed by CRMLS on Jul 31, 2025. The MLS # for this home is MLS# SR25172430.