14722 Magnolia Boulevard
Sherman Oaks (los Angeles), CA 91403
- 7 beds
- – baths
- 3,588 sqft
- 6,503 sqft lot
- $487 per sqft
- 1955 build
- – on site
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.
Last checked:
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Last updated Feb 19, 2025
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MLS# CL24463765 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1955
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Building Area Units:Square Feet
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Building Area Total:3588
Room Dimensions
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Living Area:3588
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Living Area Units:Square Feet
Location
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Directions:South Of Burbank Blvd. East Of Kester Ave.
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:2263037008
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Zoning:LAR3
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6503
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (310) 383-5354
Beds
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Bedrooms Total:7
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Covered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/25/25
Jan 25, 2025
|
Price Changed | BRIDGE | $1,749,000 | -2.3% |
|
12/3/24
Dec 3, 2024
|
Price Changed | BRIDGE | $1,790,000 | -3.2% |
|
11/14/24
Nov 14, 2024
|
Listed / Active | BRIDGE | $1,849,999 | 25.4% (13.1% / YR) |
