14722 Magnolia Blvd - Apartments FOR SALE


Sherman Oaks, CA 91403
$1,649,000 USD
818-231-2477
14722 Magnolia Blvd, Sherman Oaks, CA for Sale
$1,649,000 USD
Apartments - FOR SALE
1/19
null | 3.72% Cap Rate

14722 Magnolia Blvd
Sherman Oaks, CA 91403


HIGHLIGHTS

  • Owners Unit with Patio & Washer/Dryer
  • Copper Plumbing & Upgraded Electric
  • All Units on Solar Power
  • Approved Plans for Two ADU's
  • Individually Metered
  • Prime Sherman Oaks Location

OVERVIEW

Josh Luchs of Kidder Mathews is pleased to present the rare opportunity to acquire a well-maintained, four-unit multifamily asset in the heart of Sherman Oaks. The property consists of four spacious two-bedroom units, offering an attractive unit mix ideally suited for long-term tenancy in a high-demand submarket. The building has been thoughtfully maintained and upgraded, featuring wood flooring throughout, copper plumbing, and upgraded electrical systems—key capital improvements that enhance long-term operational efficiency and reduce deferred maintenance exposure. The owner’s unit further distinguishes the property with in-unit washer/dryer, a tankless water heater, and a private patio, providing enhanced livability and positioning for premium rental upside. The property includes eight on-site parking spaces, half of which are currently situated in two front garages. Importantly, the of offering includes approved architectural plans with ready to-issue permits for the construction of two additional one-bedroom units. This embedded value-add component allows a new owner to meaningfully increase density and income potential with minimal entitlement risk—an increasingly rare opportunity in Los Angeles. The expansion potential, combined with the property’s existing stability, offers investors a clear path to increased NOI and long-term appreciation Strategically located along Magnolia Boulevard, the asset benefits from proximity to Ventura Boulevard’s retail, dining, and employment amenities, strong surrounding demographics, and consistent tenant demand. 14722 Magnolia Blvd represents a compelling opportunity to acquire a stabilized asset with significant upside in one of the Valley’s premier multifamily submarkets.

FOR SALE DETAILS

PRICE

$1,649,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

4

PRICE/UNIT

$412,250

CAP RATE

3.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR3

APN/PARCEL ID

2263-037-008

ASK ABOUT THIS PROPERTY

Joshua LuchsKidder MathewsMore Info
818-231-2477

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Joshua LuchsKidder MathewsMore Info
818-231-2477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.