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About This Home
This 2-bedroom, 2-bathroom single family at 13319 Magnolia in Sherman Oaks, CA is listed for $1,390,000 ($996 per sqft). Built in 1949, the home offers 1,395 sqft of living space on a 0.24 acres lot.
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 can 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 properties 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.
Key Features
- Built in 1949
- 0.24 acre lot
- 2 parking spaces
- Private pool
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$7,434/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
13319 Magnolia
Sherman Oaks, CA 91423
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 13319 Magnolia is listed at $1,390,000 ($996/sqft). The estimated monthly payment is $6,023 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.24 acre lot, 2 parking spaces, Private pool, Fireplace. Interior Features: Open Floorplan, Granite Counters, None. Exterior Features: Fence, Pool, Community Features Included: Suburban.
This property is listed by Joe Goldin and can be reached at 8188641111 or REgoldin@gmail.com.
