14722 West Magnolia Boulevard

Sherman Oaks, CA 91403

$1,849,999
Price
8
Beds
4
Baths
3,588 Sq. Ft.
$516 / Sq. Ft.
3,588
Sq. Ft.
$516
per Sq. Ft.

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,...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!
  1. Listed by Todd Marks • DRE #01227834 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 14722 West Magnolia Boulevard

Zoning
LAR3
Parcel Number
2263037008
Total Units
4.0
Living Area
3588
Source Living Area
Vendor Enhanced
Area
Sherman Oaks (SO)
Vacancy Rate
None
Lot Size Area
6503
LISTING UPDATED: 11/22/2024 12:01 AM

Property Details for 14722 West Magnolia Boulevard

StatusActive
MLS #24-463765
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.15 AC / 6,503 SF
CountyLos Angeles County

Building Information for 14722 West Magnolia Boulevard

Stories-Residences-Year Built1955Building Size-Lot Size0.15 AC / 6,503 SF

Property Information for 14722 West Magnolia Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 4
  • Type Of Units: Multi
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $91,744
  • Net Operating Income: $44,577.00
  • Gross Income: $91,744
  • Gross Rent Multiplier: $20.16
  • Total Annual Expense: 47167
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1493
  • Lot Size Square Feet: 6503
Parking Details
Parking Details
  • Parking Garage: Community Garage, Driveway, Covered Parking, Garage - 4+ Car, Garage Is Attached
  • Total Parking: 0
  • Parking Features: Community Structure, Driveway, Covered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-14-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,111.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $1,111.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,230.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $2,330.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,028.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $2,028.00
  • Like Units: 4
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $600,000.00
  • Assessed Improvement Percent: 40.68
  • Assessed Land Value: $875,000.00
  • Assessed Land Percent: 59.32
  • Assessed Total Value: $1,475,000.00

Property History for 14722 West Magnolia Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14722 West Magnolia Boulevard

Taxable ValueLand$892,500Additions$612,000Total$1,504,500
Tax Record2024$18,545 ($1,545 / month)
Home Facts
Total Finished SqFt3,588 SqFtAbove Grade Finished SqFt3,588 SqFtLot Size6,501 SqFtStyleQuadraplexYear Built1955ZoningLAR3CountyLOS ANGELESAPN2263-037-008

Schools near 14722 West Magnolia Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Kester Avenue Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14722 West Magnolia Boulevard is a multi-family home for sale in Sherman Oaks, CA 91403. This property was listed for sale on November 14, 2024 by Berkshire Hathaway HomeServices California Propert, it's currently listed at $1,849,999. It has been on the market for a total of 11 days and was last sold on December 9, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Kester Avenue Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14722 West Magnolia Boulevard is a 8-bed, 4-bath, 3,588 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Todd Marks, DRE #01227834

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.