14722 Magnolia Blvd Active

Sherman Oaks,CA 91403

$ 1849999

8 Beds

4 Baths

3588 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 $515

MLS Listing ID 24-463765

Bedrooms 8

Year Built 1955

Lot Size 6,503 Sqft

Acres 0.1493

Property Description

Rare R3 Zoning. Calling all 1031 Clients & Investors! Discover a rare gem in Sherman Oaks, just North of Ventura Blvd. This prime location offers proximity to the 101 and 405 freeway, shopping malls, markets, and public transportation.Featuring four units with two bedrooms one bath, hardwood floors, living and dining breakfast areas, patios, and shared laundry, this property also includes "Approved Plans and Permits "to build two new additional units which are paid for with complete modern appliances, washer and dryer, maximizing its value.Each unit, approximately under 900 sq ft, presents immense potential, with an existing one already remodeled with a washer and dryer and boasting a private backyard. With four-car garage, driveway parking, solar panels, newer electrical and plumbing systems, this property promises significant rental potential and growth. Don't miss out on this remarkable investment opportunity!

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

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