Active

14931 Magnolia BLVD

SHERMAN OAKS CA, 91403

$3,400,000


$387.99 per sqft

Active

3 Beds

8,763 sqft

Condo

Built in 1981

Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 20+% in the existing rents. Being sold by long time owner. Perfect 1031 property. Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units. Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways. This opportunity will not last long. Pride of ownership building on nice corner lot with large frontage on Magnolia Boulevard.

SR23146394MR

MLS ID

August 13, 2023

Listed

February 15, 2024

Updated

Map

14931 Magnolia BLVD
SHERMAN OAKS CA, 91403

Interior Features

Total Stories

2


Bedrooms

3 Beds


Appliances

Dishwasher, Laundry Area


Laundry Description

Laundry Area


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres


Architectual Style

Contemporary


Roof

Mansard


Sewer

Public Sewer

Other Property Details

Area Name

Sherman Oaks


Days on Market

161


Garage

Yes


Garage Spaces

14


Parking

Garage, Gated


Parking Total

14


View

Yes


View Description

City Lights, Courtyard


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5

Listing History

Date

Event

Price

11/17/2023

Price Change

$3,400,000

-3%

Listed by with Katherine Bergh
Listing Contact: 818-212-2747 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Anita Rich shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/15/2024

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