14805 Magnolia Boulevard

    Sherman Oaks, CA 91403
    • $8,900,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 18351578
    UPDATED: 47 min ago
    $8,900,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,930
      SQFT
    • $406
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Ratings & Info

    Description

    We are pleased to present a twenty four unit, non rent controlled apartment building located in a highly desirable Sherman Oaks location. There is an excellent unit mix of Nine One bedrooms, Four Studio Plus Lofts, and Twelve Two Bed/Two Bath Units. The Studio plus Loft Units are very spacious and have a nice deck off the loft area. The property sits on the corner of Magnolia Blvd and Willis Ave, giving it plenty of visibility from drive by traffic. Located between Sepulveda Blvd and Van Nuys Blvd, residents are just a few minutes away from the Sherman Oaks Galleria, Sherman Oaks Recreation Center and plenty of dining & entertainment on Ventura Blvd. Located at the hub of the San Fernando Valley, convenient 101 and 405 freeway on-ramps allows residents to easily access major employment and entertainment centers of Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T07:28:09.787. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84316646

    14805 Magnolia Boulevard Sherman Oaks, CA 91403

    • Price: $8,900,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 18351578
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    21,930
    SQFT
    $406
    $/SQFT
    1984
    Built
    Neighborhood:
    SO - Sherman Oaks
    County:
    Los Angeles
    Area:
    SO - Sherman Oaks
    Property Description
    We are pleased to present a twenty four unit, non rent controlled apartment building located in a highly desirable Sherman Oaks location. There is an excellent unit mix of Nine One bedrooms, Four Studio Plus Lofts, and Twelve Two Bed/Two Bath Units. The Studio plus Loft Units are very spacious and have a nice deck off the loft area. The property sits on the corner of Magnolia Blvd and Willis Ave, giving it plenty of visibility from drive by traffic. Located between Sepulveda Blvd and Van Nuys Blvd, residents are just a few minutes away from the Sherman Oaks Galleria, Sherman Oaks Recreation Center and plenty of dining & entertainment on Ventura Blvd. Located at the hub of the San Fernando Valley, convenient 101 and 405 freeway on-ramps allows residents to easily access major employment and entertainment centers of Los Angeles.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Cooling Central Cooling YN Yes

    Property Features

    Cap Rate 3.76 Gross Multiplier 16.43 Gross Operating Income 528731.00 Improvements Amount 2433553 Land Value 3624442 Net Operating Income 334263.00 Special Listing Conditions Standard Total Expenses 194468.00 Zoning Lar3

    Listing provided courtesy of Brett Sanson of Marcus & Millichap and Jeffrey Louks of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T07:28:09.787. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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