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14833 Magnolia Blvd
Sherman Oaks, CA 91403
Magnolia Apartments · Multifamily Property For Sale
·
36 Units
PROPERTY FACTS
| No. Units | 36 | Lot Size | 0.67 AC |
| Property Type | Multifamily | Building Size | 31,378 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| Zoning | R3 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 31,378 SF |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Heating
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Security System
- Recycling
ABOUT 14833 MAGNOLIA BLVD , SHERMAN OAKS, CA 91403
Marcus & Millichap is pleased to present a thirty six unit apartment building located in a highly desirable Sherman Oaks location which recently underwent an extensive exterior and common area renovation, as well as a number of interior unit renovations. There is an excellent unit mix of Four Singles, Eight One Bed/One Bath, Two Two Bed/One Bath, Twenty Two Bed/Two Bath and Two Two Bed/Two Bath/Den Units. Built in 1963, this property is subject to rent control. The property offer residents a desirable Sherman Oaks location on Magnolia Blvd, just East of Kester Avenue. 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 lush landscaping throughout. Residents enjoy a recently renovated exterior & courtyard, elevator, intercom entrance, gated parking, on-site laundry facility and spacious floorplans. This offering represents an excellent opportunity to own a renovated asset in a prime Sherman Oaks location with continued upside in the rents as units turn.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $1,193 | - |
| 1+1 | 8 | $1,372 | - |
| 2+1 | 2 | $1,645 | - |
| 2+2 | 22 | $1,595 | - |
PROPERTY TAXES
| Parcel Number | 2249-021-022 | Improvements Assessment | $6,425,388 |
| Land Assessment | $4,283,592 | Total Assessment | $10,708,980 |
PROPERTY TAXES
