$2,850,000
14641 Magnolia Blvd presents a rare opportunity to acquire a well-located 10-unit multifamily property in the highly desirable Sherman Oaks rental market. The building features an attractive unit mix of four spacious 1-bedroom/1-bath units and six large 2-bedroom/2-bath units, offering strong appeal to tenants. Residents benefit from desirable amenities including a swimming pool, on-site laundry facility, and ten dedicated parking spaces. Situated on a generous 12,080 SqFt lot, the property also offers future development or value-add potential for investors looking to maximize long-term upside. The surrounding block continues to see strong reinvestment with multiple brand-new multifamily developments recently completed nearby, further elevating the neighborhood’s desirability. Conveniently located just minutes from Ventura Boulevard’s vibrant dining, retail, and entertainment corridor, as well as easy access to major freeways, the property sits in one of the San Fernando Valley’s most sought-after rental pockets. Notably, this offering is currently one of the lowest price-per-door opportunities available in Sherman Oaks, presenting investors with a compelling combination of stable income, strong rental demand, and significant long-term upside.
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Listed by Akash Saini with Keller Williams Realty Calabasas (818) 657-6500
Property Type
Apartment
Status
Active
MLS Number
SR26049467
Year Built
1962
Lot Size
0.28 acres