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14716 Magnolia Blvd 7 Unit Apartment Building $1,500,000 ($214,286/Unit) 5.05% Cap Rate Sherman Oaks, CA 91403
Investment Highlights
- 7 units in prime Sherman Oaks rental pocket
- Excellent unit mix consisting of (1) studio unit, (4) 1+1 units, and (2) 2+1 units
- The building has been well maintained by long term owner and improvements include new roof, copper plumbing, updated electrical and balconies recently
- Substantial upside in existing rents
Executive Summary
Equity Union Commercial is proud to represent this 7 unit property in Sherman Oaks.
The building was constructed in 1964. Its unit mix consists of (1) studio unit, (4) 1+1 units, and (2) 2+1 units. With a lot size of 6,502 square feet, the property has a total of 4,837 rentable square feet.
The property is situated in a prime Sherman Oaks area, which has a comfortable blend of urban and suburban amenities. Along with sunny, clean sidewalks, the city offers many hip cafes and shops — especially on Ventura Boulevard, which features the Sherman Oaks Galleria and many upscale restaurants. Residents also have easy access to the 405 and 101 freeways.
The building was constructed in 1964. Its unit mix consists of (1) studio unit, (4) 1+1 units, and (2) 2+1 units. With a lot size of 6,502 square feet, the property has a total of 4,837 rentable square feet.
The property is situated in a prime Sherman Oaks area, which has a comfortable blend of urban and suburban amenities. Along with sunny, clean sidewalks, the city offers many hip cafes and shops — especially on Ventura Boulevard, which features the Sherman Oaks Galleria and many upscale restaurants. Residents also have easy access to the 405 and 101 freeways.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $214,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.05% | Building Size | 6,798 SF |
| Gross Rent Multiplier | 12.3 | No. Stories | 2 |
| No. Units | 7 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.03/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $1,500,000 |
| Price Per Unit | $214,286 |
| Sale Type | Investment |
| Cap Rate | 5.05% |
| Gross Rent Multiplier | 12.3 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,798 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 1+1 | 4 | - | 500 |
| 2+1 | 2 | - | 700 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2263-037-010 | Improvements Assessment | $487,491 |
| Land Assessment | $208,180 | Total Assessment | $695,671 |
Property Taxes
Parcel Number
2263-037-010
Land Assessment
$208,180
Improvements Assessment
$487,491
Total Assessment
$695,671
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14716 Magnolia Blvd