14936-14940 Magnolia Blvd
Sherman Oaks, CA 91403
All 2 & 3 Bdrs | Current 4% CAP | $267 per SF · Multifamily Property For Sale
·
14 Units
Property Facts
| No. Units | 14 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 15,706 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.51/1,000 SF |
| Zoning | R3 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 15,706 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.51/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Laundry Facilities
- Security System
About 14936-14940 MAGNOLIA BLVD , SHERMAN OAKS, CA 91403
Marcus & Millichap is pleased to announce the sale of 14936-40 Magnolia Boulevard, a 14-unit multifamily property located in the affluent community of Sherman Oaks, CA. With an outstanding unit mix consisting entirely of two and three bedroom apartments, the property is well-positioned for an investor to capitalize on recent rent growth in the submarket. Constructed in 1962, the two buildings occupy a 15,507 square foot lot near the intersection of Magnolia Boulevard and Kester Avenue. The property has undergone several recent upgrades, including new full copper plumbing, brand new exterior paint, and a new water heater. Select interiors have been renovated, including some combination of wood flooring, new lighting, new granite countertops, new cabinets, new appliances, upgraded bathrooms, and ceiling fans. The property includes tenant parking and on-site laundry facilities, helping to maximize the owner' s income. Located just north of the Sherman Oaks Galleria, the property sits mere blocks from the boutiques and bistros of prestigious Ventura Boulevard.
Property Taxes
| Parcel Number | 2263-005-032 | Improvements Assessment | $2,143,545 |
| Land Assessment | $3,215,318 | Total Assessment | $5,358,863 |
Property Taxes
