15
See all 15 photos
$1,595,000
Est. payment /mo
4 Beds
4 Baths
3,588 SqFt
Price Dropped by $54K
14722 Magnolia BLVD Sherman Oaks, CA 91403
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $444
MLS Listing ID 26661779
Bedrooms 4
HOA Y/N No
Year Built 1955
Lot Size 6,503 Sqft
Property Description
14722 Magnolia Blvd presents a rare opportunity to acquire a well-maintained, four-unit multifamily asset in the heart of Sherman Oaks, one of the San Fernando Valley's most desirable rental markets. The property consists of four spacious two bedroom units, offering an attractive unit mix ideally suited for long-term tenancy in a high-demand submarket. The building has been thought fully maintained and upgraded, featuring wood flooring throughout, copper plumbing, and upgraded electrical systems key capital improvements that enhance long-term operational efficiency and reduce deferred maintenance exposure. The owner's unit further distinguishes the property with in unit washer/dryer, a tankless water heater, and a private patio, providing enhanced livability and positioning for premium rental upside. The property includes eight on-site parking spaces, half of which are currently situated in two front garages. Importantly, the offering includes approved architectural plans with ready to-issue permits for the construction of two additional one-bedroom units. This embedded value-add component allows a new owner to meaningfully increase density and income potential with minimal entitlement risk an increasingly rare opportunity in Los Angeles. The expansion potential, combined with the property's existing stability, offers investors a clear path to increased NOI and long-term appreciation. Strategically located along Magnolia Boulevard, the asset benefits from proximity to Ventura Boulevard's retail, dining, and employment amenities, strong surrounding demographics, and consistent tenant demand. 14722 Magnolia Blvd represents a compelling opportunity to acquire a stabilized asset with significant upside in one of the Valley's premier multifamily submarkets.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Heating Solar
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Disposal
Exterior
Total Parking Spaces 8
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2263037008
Special Listing Condition Standard
Listed by Joshua Luchs Kidder Mathews of California, Inc. #01845545
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION