14722 Magnolia Boulevard

Sherman Oaks, CA 91403

PRICE REDUCED

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-$59,999 (-3.24%)

$1,790,000

List Price

8

bed Beds

4

shower Baths

3,588 sqft

straighten / sqft

1955

calendar_month Built

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!

Listing Information

List Price $1,790,000
Status Active
MLS 24463765
Type Residential Income
Year Built 1955
Lot Size 6,503
Structure Size 3,588
DOM 20
Courtesy Of Berkshire Hathaway HomeServices California Properties
Listing Agent Todd Marks DRE#01227834

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4

Exterior Information

Maps

Listing information courtesy of: Todd Marks, Berkshire Hathaway HomeServices California Properties 310-383-5354. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.