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14805 Magnolia Blvd
Sherman Oaks, CA 91403
Magnolia Gardens Apartments · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Building Size | 21,930 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2.01/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | R3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 21,930 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.01/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Laundry Facilities
ABOUT 14805 MAGNOLIA BLVD , SHERMAN OAKS, CA 91403
Marcus & Millichap is pleased to present a twenty four unit, non rent controlled apartment building located in a highly desirable Sherman Oaks location. There is an excellent unit mix of Nine One bedrooms, Four Studio Plus Lofts, and Twelve Two Bed/Two Bath Units. The Studio plus Loft Units are very spacious and have a nice deck off the loft area. The property sits on the corner of Magnolia Blvd and Willis Ave, giving it plenty of visibility from drive by traffic. Located between Sepulveda Blvd and Van Nuys Blvd, residents are just a few minutes away from the Sherman Oaks Galleria, Sherman Oaks Recreation Center and plenty of dining & entertainment on Ventura Blvd. Located at the hub of the San Fernando Valley, convenient 101 and 405 freeway on-ramps allows residents to easily access major employment and entertainment centers of Los Angeles. In addition to the great location, the property is nicely amenitized with subterranean parking, intercom entrance, elevator, trash chute and on-site laundry facility. The units have spacious floorplans, central A/C & Heat, fireplaces, balconies or roof top deck and ample closet space. This offering represents an unique opportunity to own a non rent controlled asset in a prime Sherman Oaks location.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $1,700 | - |
| 1+1 | 8 | $1,673 | - |
| 2+2 | 12 | $2,023 | - |
PROPERTY TAXES
| Parcel Number | 2249-021-031 | Improvements Assessment | $5,923,404 |
| Land Assessment | $3,948,935 | Total Assessment | $9,872,339 |
PROPERTY TAXES
