14718 Magnolia Boulevard, Sherman Oaks, CA 91403
Property · 2 recorded sales since 2015
Sold June 2016
Listing Agent: Cindy Hill (DRE #00885625) · Listing Office: Keller Williams Realty - Studi · Contact: 818-432-1500 · Bought with: Michael Pourmirza · Century 21 Peak · MLS #SR16057159 · Source: CRMLS
About this property
Clean turnkey 7 unit apartment building located in the affluent neighborhood of Sherman Oaks. The unit mix consists of (1) two bedroom two bath unit (1) one bedroom one bath unit and (5) singles. Each unit features a private patio or balcony. The building is 4520 square feet and is situated on a 6501 square foot lot. The property is well maintained and recent upgrades include copper plumbing, new paint, and landscaping. The roof is in good condition. The building has tremendous upside in rents. The tenants enjoy close proximity to the Sherman Oaks Galleria, Sherman Oaks Fashion Square and Ventura Blvd shopping and upscale restaurants. The property is within close proximity to the 101 and 405 freeways. An astute investor will enjoy low interest rates and the increase in rents over time. The property is separately metered for electricity.
Listing description from the June 2016 sale, as reported to CRMLS.
Sale history
