14833 Magnolia Boulevard

Sherman Oaks, CA 91403

$12,400,000

List Price

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1963

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Property Description

We are proud to exclusively present a prime multifamily asset in the coveted Sherman Oaks neighborhood, located at 14833 Magnolia Blvd, Los Angeles, CA. Situated near Westfield Fashion Square and minutes from Universal Studios, the property is within walking distance to an abundance of dining, shopping, and entertainment options. Commuting is easy, with close access to the 101 freeway. Totaling 36 units with a desirable mix of studios, 1-beds, and 2-beds, the property features community amenities including on-site laundry, outdoor courtyard seating, carport parking, and elevator for resident convenience. High-speed Internet access, wall air conditioning and heating, ceiling fans, vertical blinds and quality kitchen appliances are provided in all units and many units have been upgraded with modern finishes. Surrounded by renowned LA landmarks like the Griffith Observatory and Hollywood Bowl, this turnkey property offers the opportunity to capitalize on the desirability of the Sherman Oaks market. With its strategic location, diverse unit mix, and sought-after amenities, 14833 Magnolia Blvd is primed to deliver consistent cash flow and long-term value appreciation. Seize your chance to own a piece of this thriving community.

Listing Information

List Price $12,400,000
Status Active
MLS CV24188890
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1963
Lot Size 29,290
Structure Size N/A
DOM 17
Courtesy Of CB RICHARD ELLIS
Listing Agent ERIC CHEN DRE#01489184
Co-Listing Agent Joyce Goldstein DRE#01903737

Interior Features

Laundry Information
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Total Bedroom
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Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: ERIC CHEN, Joyce Goldstein, CB RICHARD ELLIS . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 28th, 2024 at 1:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.