Millman Team Real Estate

$1,649,000
4 Bed
4 Bath
3,588 Sqft
0.15 Acre Lot

14722 Magnolia Boulevard, Sherman Oaks, California 91403

  • Residential Income Property Type
  • 3,588 Sqft Square Footage
  • 1955 Year Built
Property Description

14722 Magnolia Blvd presents a rare opportunity to acquire a well-maintained, four-unit multifamily asset in the heart of Sherman Oaks, one of the San Fernando Valley’s most desirable rental markets. The property consists of four spacious two bedroom units, offering an attractive unit mix ideally suited for long-term tenancy in a high-demand submarket. The building has been thought fully maintained and upgraded, featuring wood flooring throughout, copper plumbing, and upgraded electrical systems key capital improvements that enhance long-term operational efficiency and reduce deferred maintenance exposure. The owner’s unit further distinguishes the property with in unit washer/dryer, a tankless water heater, and a private patio, providing enhanced livability and positioning for premium rental upside. The property includes eight on-site parking spaces, half of which are currently situated in two front garages. Importantly, the offering includes approved architectural plans with ready to-issue permits for the construction of two additional one-bedroom units. This embedded value-add component allows a new owner to meaningfully increase density and income potential with minimal entitlement risk an increasingly rare opportunity in Los Angeles. The expansion potential, combined with the property’s existing stability, offers investors a clear path to increased NOI and long-term appreciation. Strategically located along Magnolia Boulevard, the asset benefits from proximity to Ventura Boulevard’s retail, dining, and employment amenities, strong surrounding demographics, and consistent tenant demand. 14722 Magnolia Blvd represents a compelling opportunity to acquire a stabilized asset with significant upside in one of the Valley’s premier multifamily submarkets.

Basic Details
Residential Income
For Sale
26661779
$1,649,000
4
4
3,588 Sqft
1955
0.15 Acre
Active
Features
: Solar
: Wall/Window Unit(s)
$0
Appliances
: Dishwasher, Disposal
Address Map
CA
Los Angeles
Sherman Oaks
91403
Magnolia
14722
Boulevard
W119° 32' 45.9''
N34° 9' 52.4''
On Magnolia Blvd just East of Kester Ave
SO - Sherman Oaks
LAR3
Additional Information
$0
$0
$0
$0
$0
3588
: Multi/Split
4
2026-02-12
Broker/Agent Information
Kidder Mathews of California, Inc.
Joshua Luchs
Listing Information
CLW-C108844
CLW-X8241003
Active
2026-03-09T18:43:18Z
CRMLS
: Standard
2026-02-12T00:00:00Z
Agent info
Ray Millman
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