Southern California Logo

15114 Magnolia Boulevard, Sherman Oaks, CA 91403

6 Bed, 3 Bath Multi-Family Home For Sale

15114 Magnolia Boulevard, Sherman Oaks, CA 91403 House For Sale - MLS #SR17025055
Under Agreement
$950,000
6
3
Multi-Family
3 Family
This listing is courtesy of Michael Moran from The 2-4 Unit Specialists.

Property Description for 15114 Magnolia Boulevard, Sherman Oaks, CA 91403

15114 Magnolia Blvd is a triplex located in an exceptional Sherman Oaks location that is zoned R3. Priced at an unbeatable $950,000 & price/SF of $349.39, this is the best value you?ll find in Sherman Oaks. The average price/SF of 2-4 unit properties in the area is $427.23, so this triplex is going to go fast.The property consists of a freestanding house (2b/1b) which has its own private, enormous backyard & patio, & a 2 unit building (1b/1b and 3b/1b). These 3 spacious units are located on a 6,253 SF lot minutes from the countless Sherman Oaks neighborhood hotspots.15114 Magnolia presents buyers numerous routes to profit: 1. Build! A 6,253 square foot R3 lot for $950,000 is hard to find! Two lots of the same size on Magnolia a few blocks down sold in 2016 for a much higher price. 14822 Magnolia sold for $1,050,000 and 14816 Magnolia sold for $1,000,000. Snap this up for $950,000 and move forward with a profitable development project.2. Buy and hold! 15114 Magnolia?s rents are significantly under market and there is massive upside. The pro forma cap rate is 5.79%.3. Live and rent! The freestanding house at the rear of the property would be an excellent owner-occupied dwelling. Enjoy your privacy while ensuring steady income from the fr

Interior Details

2,719 sq. ft.
$349.39/sq. ft.
Water District; Public

Exterior Details

0.14 acres
6,253 sq. ft.
3 Garage Spaces

Other Details

SR17025055
1947
3

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,623     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,691     

Unit #3
Bedrooms: 1      Full / Half Baths: 1      Rent: $634     

Create a free account to see additional details for this home (school information, taxes, exterior details, etc...)

Request more information or Schedule an Appointment

We are dedicated to meeting all your needs in a prompt manner. In most cases, we will call you back the same day or at the most 24 hours.








Create a free account for me

Homes For Sale Near 15114 Magnolia Boulevard, Sherman Oaks, CA 91403

15344 Weddington Street Unit 211, Sherman Oaks, CA 91411 Condo For Sale - MLS #SR17224083 $327,000
Condo
1 Bed, 1 Bath
9 Photos
14834 Mccormick Street, Sherman Oaks, CA 91411 Home For Sale - MLS #SR17105282 $760,000
Single Family
3 Bed, 1.5 Bath
16 Photos
15133 Magnolia Unit B, Sherman Oaks, CA 91403 Home For Sale - MLS #17277120 $525,000
Single Family
2 Bed, 3 Bath
21 Photos
5106 Kester Avenue, Sherman Oaks, CA 91403 House For Sale - MLS #SR16742811 $1,325,000
Multi-Family
6 Bed, 4 Bath
23 Photos
15344 Weddington Street Unit 215, Sherman Oaks, CA 91411 Condo For Sale - MLS #SR17246394 $349,000
Condo
2 Bed, 2 Bath
11 Photos

Listings Similar to 15114 Magnolia Boulevard, Sherman Oaks, CA 91403

$760,000 14834 Mccormick Street, Sherman Oaks, CA 91411 Home For Sale - MLS #SR17105282
1,301 sq. ft.
Posted 11 months, 20 days ago

At the end of a quiet tree-lined cul-de-sac, is this warm family home with three bedrooms and one and a half baths. The master is in front and the children's rooms are to the rear although one is currently being used a den and office. The baths have been upgraded and there is newer plumbing and electrical throughout. The living room has an original wood burning fireplace set against wainscoting ....

Read More


$999,000 6659 Coldwater Canyon Avenue, North Hollywood, CA 91606 House For Sale - MLS #SR17255085
2,136 sq. ft.
Posted 11 months, 20 days ago

GREAT INCOME PROPERTY!!! BACKSIDE ENTRANCE ONLY!!! Hidden away in North Hollywood you will find 6659 Coldwater Canyon Avenue! Main Home is rented, Great Income, the new Home is Vacant, so either live in one and rent out the other or have them both for rent!! One Detached Unit features a front unit with 3-bedrooms and 2-bathrooms, wooden flooring, newer AC and electric panels with the second Brand...

Read More


$1,079,000 1339 Formosa Avenue, West Hollywood, CA 90046 House For Sale - MLS #17257338
1,444 sq. ft.
Posted 11 months, 20 days ago

In the heart of West Hollywood seats this immaculate duplex, hidden in the line of trees and yet hard to miss when you drive by. Both units can be delivered vacant which provides Tremendous opportunity for new owner to increase current rents to market value. Walk to the most famous Sunset Blvd restaurants, night spots, hiking trails, and enjoy everything this strategic location has to offer. ...

Read More


$925,000 10920 Camarillo Street, North Hollywood, CA 91602 House For Sale - MLS #SR17097427
1,925 sq. ft.
Posted 11 months, 20 days ago

A super charming 2 BR+DEN + 1 BA main house & 1 BR/1 BA guest house (it is a duplex) on an oversized R3 Zone lot ! Superb location: near Universal /NBC Studios minutes to all major studios: Disney, Warner Bros, Sony, CBS? Hollywood?s post production houses. Near the Metro subway line and No Ho Arts District?s trendy stores, restaurants, and hip experimental theaters, near The Academy of the Arts,...

Read More


My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


(20%)

Monthly Mortgage Payments

$4,315
$6,010

Town Description

Sherman Oaks is part of the city of Los Angeles and is represented in the Los Angeles City Council by Second District City Councilman Paul Krekorian and Fifth District City Councilman [[Paul...

Read More