4329 Allott Avenue, Sherman Oaks

Upon acquisition, this single-family property in Sherman Oaks required extensive repairs and was initially appraised slightly below market value. The original home features 957 square feet, 2 bedrooms, 1 bathroom, and a 380-square-foot 2-car garage. The property's development plan encompasses two main objectives. Firstly, the existing home will undergo a remodel, including a 477-square-foot addition and master bedroom, transforming it into a 1,434-square-foot, 3-bedroom, 2-bathroom residence. Additionally, the addition of a 796-square-foot, 2-bedroom, 2-bathroom Accessory Dwelling Unit (ADU) will provide supplementary rental income, complemented by a second junior ADU of approximately 280 square feet.