CA > Sherman Oaks
Sherman Oaks, CA 91403,14722 Magnolia BLVD
Sherman Oaks, CA 91403,14722 Magnolia BLVD
Sherman Oaks, CA 91403,14722 Magnolia BLVD
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
Sun
6
Apr
Mon
7
Apr
Tue
8
Apr
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,699,000
Est. payment /mo
8 Beds
4 Baths
3,588 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,588 sqft

Price per Sqft $473

MLS Listing ID 24463765

Bedrooms 8

HOA Y/N No

Year Built 1955

Lot Size 6,503 Sqft

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 So - Sherman Oaks

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Covered, Driveway, Community Structure

Attached Garage Yes

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2263037008

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Todd Marks • Berkshire Hathaway HomeServices California Properties

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches