13319 Magnolia, Sherman Oaks, CA 91423
13319 Magnolia, Sherman Oaks, CA 91423
13319 Magnolia, Sherman Oaks, CA 91423
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$1,390,000
Est. payment /mo
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2 Beds
2 Baths
1,395 SqFt
New

13319 Magnolia Sherman Oaks, CA 91423

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,395 sqft

Price per Sqft $996

MLS Listing ID SR26107780

Style Traditional

Bedrooms 2

Full Baths 2

Year Built 1949

Lot Size 10,252 Sqft

Property Sub-Type Detached

Property Description

PRIME SHERMAN OAKS VALUE-ADD OPPORTUNITY ON AN OVERSIZED 10,000+ SQ FT FLAT LOT EXCELLENT ADU & REDEVELOPMENT POTENTIAL Exceptional opportunity in one of Sherman Oaks most desirable pockets. This rare oversized flat lot offers the perfect opportunity for homeowners, investors, contractors, and builders seeking immediate livability with substantial upside to expand, remodel, or redevelop. The existing residence features approximately 1,400 sq ft with 2 bedrooms and 2 bathrooms, plus a detached 1-bedroom guest unit with a private entrance. The property includes a pool, generous outdoor grounds, and updated finishes, making it move-in ready for an owner-user while still offering tremendous potential to further personalize or maximize value. The oversized flat lot can accommodate up to 2 additional ADUs for strong income potential. No rezoning or variance required (buyer to verify). This highly sought-after area of Sherman Oaks continues to experience strong redevelopment activity and impressive resale comps. Ideal for multigenerational living, rental income, or a high-upside value-add project in a prime Sherman Oaks corridor. The combination of lot size, location, existing guest unit, and future development potential is rarely available at this price point. Located minutes from Ventura Blvd dining, shopping, entertainment and top rated schools with easy access to the 405 and 101 freeways. Priced to sell!!! One of the lowest priced homes per square foot in the area based on lot size and location. Seller is motivated and ready to review serious offers. Buyer to independently ve

Location

State CA

County Los Angeles

Direction Magnoila, West of Fulton

Interior

Interior Features Granite Counters

Heating Fireplace, Forced Air Unit

Cooling Central Forced Air

Flooring Laminate, Tile

Fireplaces Type FP in Living Room

Fireplace No

Appliance Gas Range

Laundry Gas, Washer Hookup

Exterior

Garage Spaces 2.0

Fence Wood

Pool Below Ground, Private

Utilities Available Natural Gas Available

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Accessibility None

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 2344021022

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


MLS Router / San Diego MLS
Listed by Joe Goldin, DRE#01365049 Beverly and Company 

NEARBY SCHOOL & BUSINESS

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Jim Sours

Jim Sours

Broker Associate | License ID: 01097356

+1(619) 306-0477

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13319 Magnolia