13319 Magnolia Sherman Oaks, CA 91423
UPDATED:
Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,395 sqft
Price per Sqft $860
MLS Listing ID SR26107780
Sold Date 07/24/26
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1949
Lot Size 10,254 Sqft
Property Sub-Type Single Family Residence
Property Description
PRIME SHERMAN OAKS VALUE-ADD OPPORTUNITY ON AN OVERSIZED 10,000+ SQ FT FLAT LOT — EXCELLENT ADU & REDEVELOPMENT POTENTIAL
Exceptional opportunity in one of Sherman Oaks' most desirable pockets. This rare oversized flat lot offers the perfect opportunity for homeowners, investors, contractors, and builders seeking immediate livability with substantial upside to expand, remodel, or redevelop.
The existing residence features approximately 1,400 sq ft with 2 bedrooms and 2 bathrooms, plus a detached 1-bedroom guest unit with a private entrance. The property includes a pool, generous outdoor grounds, and updated finishes, making it move-in ready for an owner-user while still offering tremendous potential to further personalize or maximize value.
The oversized flat lot may accommodate up to 2 additional ADUs for strong income potential. No rezoning or variance required (buyer to verify). This highly sought-after area of Sherman Oaks continues to experience strong redevelopment activity and impressive resale comps.
Ideal for multigenerational living, rental income, or a high-upside value-add project in a prime Sherman Oaks corridor. The combination of lot size, location, existing guest unit, and future development potential is rarely available at this price point.
Located minutes from Ventura Blvd dining, shopping, entertainment and top rated schools with easy access to the 405 and 101 freeways.
One of the lowest priced homes per square foot in the area based on lot size and location. Seller is motivated and ready to review serious offers.
Buyer to independently verify all zoning, permits, ADU possibilities, and development requirements with the city.
Schedule your private showing today.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Rooms
Main Level Bedrooms 2
Interior
Interior Features Granite Counters, Open Floorplan, All Bedrooms Down
Heating Central, Forced Air, Fireplace(s)
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool In Ground, Private
Community Features Suburban
Utilities Available Natural Gas Available
View Y/N No
View None
Roof Type Shingle
Accessibility None
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2344021022
Security Features Security Gate
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
Bought with Nikolai Rowe FTRE CA Inc.
NEARBY SCHOOL & BUSINESS
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