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listing
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MultifamilyFor Sale
$3,400,000
14931 Magnolia Boulevard
Sherman Oaks, CA 91403
Listing Provided Courtesy of Katherine Bergh
MLS: San Diego Multiple Listing Service (SDMLS)
7,411Sq Ft
Est. Mortgage
$17,650/mo

Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 20+% in the existing rents. Being sold by long time owner. Perfect 1031 property. Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units. Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways. This opportunity will not last long. Pride of ownership building on nice corner lot with large frontage on Magnolia Boulevard.Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 20+% in the existing rents. Being sold by long time owner. Perfect 1031 property. Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units. Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways. This opportunity will not last long. Pride of ownership building on nice corner lot with large frontage on Magnolia Boulevard.

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Listing Courtesy of Katherine Bergh. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/15/2024 07:25 PM
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