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$1,000,000
Est. payment /mo
6,503 Sqft Lot
Open House
Sat Oct 17, 12:00pm - 3:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26222743
HOA Y/N No
Year Built 1940
Lot Size 6,503 Sqft
Property Sub-Type Single Family Residence
Property Description
An exceptional opportunity for investors and developers in a desirable Sherman Oaks location. Situated on Magnolia Boulevard, 14738 Magnolia offers a unique opportunity to explore the potential of a property with existing residential use and additional possibilities for future development. The property features a classic residence and a detached garage that has historically been used as a rental unit, offering potential for additional utility or future improvement, subject to verification and applicable approvals. The opportunity becomes even more compelling with the neighboring property at 14734 Magnolia Boulevard, located directly next door. The two properties may be considered together, presenting the potential for a larger-scale development opportunity. Buyers are encouraged to investigate the combined properties' zoning. Whether pursuing an investment, property repositioning, or a potential development project, this offering provides an opportunity to explore multiple possibilities in the heart of Sherman Oaks.
Properties may be available individually or together. All development potential, property uses, rental status, and applicable incentives are subject to independent verification by the buyer. Buyer to conduct all investigations and due diligence to their satisfaction.
Properties may be available individually or together. All development potential, property uses, rental status, and applicable incentives are subject to independent verification by the buyer. Buyer to conduct all investigations and due diligence to their satisfaction.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Valley
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard
Story 1
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 2263037005
Energy Description 1.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Matt Epstein Kliq Realty 818-681-2000, DRE #01121162
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