Sherman Oaks, CA 91403,14722 Magnolia Blvd
Sherman Oaks, CA 91403,14722 Magnolia Blvd
Sherman Oaks, CA 91403,14722 Magnolia Blvd
Sherman Oaks, CA 91403,14722 Magnolia Blvd
Sherman Oaks, CA 91403,14722 Magnolia Blvd
Sherman Oaks, CA 91403,14722 Magnolia Blvd
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$ 1,749,000
Est. payment | /mo

8 Beds

4 Baths

3,588 SqFt


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$ 1,749,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,588 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,588 sqft

Price per Sqft $487

MLS Listing ID 24-463765

Bedrooms 8

Year Built 1955

Lot Size 6,503 Sqft

Acres 0.1493

Property Sub-Type Multi-Family

Property Description

Add Value Buyer Opportunity! Significant upside by adding 2 x 1BR ADUs (Seller has secured approved plans and permits). Rare LAR3 Zoning. Located in prime Sherman Oaks, just North of Ventura Blvd, this property offers close proximity to the 101 and 405 freeways, shopping malls, markets, and public transportation. Featuring 4 x 2 BR units with hardwood floors, living and dining breakfast areas and patios. Community laundry onsite. Each of the 2 BR units are approximately 900 sq ft, while each of the 1 BR ADUs are approximately 650 sq ft. With the addition of the ADUs, the NOI becomes $150,859, CAP Rate 8.63 and GRM 9.11. Seller has already remodeled a 2 BR unit, with upgrades including in-unit washer and dryer and a private backyard. Property has a Four-car garage + driveway parking. Other improvements include solar panels and newer electrical and plumbing systems.

Location

State CA

County Los Angeles

Area Sherman Oaks

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment Other

Exterior

Parking Features Community Garage, Driveway, Covered Parking, Garage - 4+ Car, Garage Is Attached

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(213) 434-2433

[email protected]

California, 91214-1304, USA

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14722 Magnolia Blvd