14722 Magnolia Blvd 4 Unit Apartment Building $1,649,000 ($412,250/Unit) 3.72% Cap Rate Sherman Oaks, CA 91403

Josh Luchs of Kidder Mathews is pleased to present the rare opportunity to acquire a well-maintained, four-unit multifamily asset in the heart of Sherman Oaks.
The property consists of four spacious two-bedroom units, offering an attractive unit mix ideally suited for long-term tenancy in a high-demand submarket.
The building has been thoughtfully maintained and upgraded, featuring wood flooring throughout, copper plumbing, and upgraded electrical systems—key capital improvements that enhance long-term operational efficiency and reduce deferred maintenance exposure. The owner’s unit further distinguishes the property with in-unit washer/dryer, a tankless water heater, and a private patio, providing enhanced livability and positioning for premium rental upside. The property includes eight on-site parking spaces, half of which are currently situated in two front garages.
Importantly, the of offering includes approved architectural plans with ready to-issue permits for the construction of two additional one-bedroom units. This
embedded value-add component allows a new owner to meaningfully increase density and income potential with minimal entitlement risk—an increasingly rare
opportunity in Los Angeles. The expansion potential, combined with the property’s existing stability, offers investors a clear path to increased NOI and long-term
appreciation
Strategically located along Magnolia Boulevard, the asset benefits from proximity to Ventura Boulevard’s retail, dining, and employment amenities, strong surrounding demographics, and consistent tenant demand. 14722 Magnolia Blvd represents a compelling opportunity to acquire a stabilized asset with significant upside in one of the Valley’s premier multifamily submarkets.