




$1,490,000
Est. $8,344/mo13319 Magnolia, Sherman Oaks, CA 91423
About this home
PRICE REDUCED!!!! Exceptional value add or redevelopment opportunity in prime Sherman Oaks. Situated on an oversize 10,000+ sq ft flat lot, this property offers many possibilities for an owner-user, investor, builder, or contractor looking to remodel, expand, or reimagine. The existing residence features approximately 1,400 sq ft with 2 bedrooms and 2 bathrooms, plus a detached 1-bedroom guest unit offering flexibility for extended family or potential rental use. A pool and spacious grounds provide a strong foundation for enhancement or redevelopment. The property is in livable condition, semi updated and move-in ready for an owner-user, while offering the opportunity to personalize and update over time. The large lot may accommodate a substantial main residence and ADU (Buyer to independently verify all zoning, permits, and development details with city). Ideal for those seeking a project in a high-demand end-user market with strong resale potential. Moments from shopping, dining, entertainment, and convenient Westside access, this is a unique opportunity to create, customize, or build in the heart of Sherman Oaks. Surrounded by beautifully remodeled homes and newly constructed residences, this sought-after pocket of Sherman Oaks continues to see strong redevelopment and value-add activity. The neighborhood’s consistent demand and ongoing improvements make this an exceptional opportunity to invest, expand, or build in one of the Valley’s most desirable communities.
infoProperty Facts
Bedrooms
2
Bathrooms
2
Square Feet
1,395
Lot Size
10,252 sqft
Year Built
1949
Property Type
Single Family Residence
Days on Market
23
HOA Fee
N/A
Garage Total
0
MLS #
SR26032762
chairInterior Details
General Interior
Interior Features
Granite Counters, Open Floorplan, Recessed Lighting, All Bedrooms Down
Flooring
Laminate
Fireplace
Gas
Kitchen & Appliances
Appliances
Gas Oven, Gas Range
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Bed & Bath
Main Level Bedrooms
2
Main Level Bathrooms
2
Climate Control
Cooling
Central Air, Gas
Heating
Central
garageParking
Parking Features
Oversized
deckExterior & Lot
Building & Construction
Construction
Stucco
Lot & Grounds
Lot Features
Zero To One Unit Acre, Front Yard, Rectangular Lot
Pool Features
Private
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Valley
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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