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14722 Magnolia Boulevard

Sherman Oaks, CA 91403
  • $1,849,995
  • STATUS: Active
  • ON SITE: 2 Days
  • ID#: 24388786
New On Site 2 Days Ago
UPDATED: 133 min ago
$1,849,995
  • 8
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,588
    SQFT
  • $516
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Todd Marks of Berkshire Hathaway HomeServices California Properties (310-777-7800)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-18T13:33:57.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
www.theashleycooperteam.com/homes/150567162
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14722 Magnolia Boulevard Sherman Oaks, CA 91403

  • Price: $1,849,995
  • Status: Active
  • On Site: 2 Days
  • Updated: 133 min ago
  • ID#: 24388786
8
Beds
0
Baths
0
½ Baths
0.15
Acres
3,588
SQFT
$516
$/SQFT
1955
Built
Neighborhood:
SO - Sherman Oaks
County:
Los Angeles
Area:
SO - Sherman Oaks
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!
Exterior Features

Attached Garage YN Yes Parking Features CoveredDrivewayCommunity Structure Parking Total 0

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 91744 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 44577 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-18T13:33:57.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
 
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First Team Real Estate
CA,
Listing Agent(s): Todd Marks of Berkshire Hathaway HomeServices California Properties (310-777-7800)