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

5106 Kester Avenue, Sherman Oaks, CA 91403 House For Sale - MLS #SR16742811 $1,325,000
Multi-Family
6 Bed, 4 Bath
23 Photos
14834 Mccormick Street, Sherman Oaks, CA 91411 Home For Sale - MLS #SR17105282 $760,000
Single Family
3 Bed, 1.5 Bath
16 Photos
15223 Hesby Street, Sherman Oaks, CA 91403 Home For Sale - MLS #17218606 $1,150,000
Single Family
4 Bed, 5 Bath
28 Photos
15107 Hesby Street, Sherman Oaks, CA 91403 Home For Sale - MLS #17222266 $699,000
Single Family
2 Bed, 1 Bath
3 Photos
15227 Magnolia Boulevard Unit D, Sherman Oaks, CA 91403 Home For Sale - MLS #SR17138920 $589,000
Single Family
3 Bed, 3 Bath
15 Photos

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

$869,000 11475 Oxnard Street, North Hollywood, CA 91606 House For Sale - MLS #17215238
1,904 sq. ft.
Posted 9 months, 14 days ago

Pleased to present an investment property in the great North Hollywood market. The property has a front facing Insurance company and three residential units including a single, a 1 Bed 1 Bath and a 2 Bed 1 Bath home. The zoning of the property is C-2 which will have great current and future value for a development.




$789,000 14609 Albers Street, Sherman Oaks, CA 91411 Home For Sale - MLS #17217362
1,212 sq. ft.
Posted 9 months, 14 days ago

Motivated seller! Perfect starter home! Copper plumbing, brand new kitchen, two brand new bathrooms, and all new windows and floors.This home sits on a large lot with a large deck, perfect for entertaining, a huge grassy area, AND a bonus room - perfect for an office or a creative space! A 5 minute drive to attractions and restaurants such as, the Sherman Oaks Galleria, On the Thirty, Dojo Sushi,...

Read More


$850,000 6171 Cedros Avenue, Van Nuys, CA 91411 House For Sale - MLS #SR17082172
2,179 sq. ft.
Posted 9 months, 14 days ago

Back on the Market. This is gated Duplex 6171 - 6173 Cedros Ave. in Van Nuys, built in 2000. Both units are 3 beds, 2 baths each. Each unit has their own Gas & Water meters, laundry hookup, Central air conditioning & heater system, plenty of driveway parking. Accessible to Transportation, Grocery Stores, Schools and Costco. *** Do not disturb renters***




$765,000 14528 Killion Street, Sherman Oaks, CA 91411 Home For Sale - MLS #17228170
1,270 sq. ft.
Posted 9 months, 14 days ago

Attention Investors and Developers! Great Opportunity to Rebuild and Make Profit! Zoned RD2. You can build up to 3 Units or Rebuild Existing House.Cute 1927 traditional California Home with well sized kitchen, large living room with cozy fireplace. Deck in the Backyard for Relaxing Coffee time or Supper. Very Private. 2 Car Detached Garage. Motivated Seller.




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