14825 Magnolia Blvd Los Angeles, CA 91403
11-unit apartment building, high ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 11-unit apartment building in prime Sherman Oaks location (14825 Magnolia Blvd, 91403).
- Value-add opportunity with approximately 39% rental income upside potential.
- Units average 693 square feet; mix of three 2BR/1BA and eight 1BR/1BA units.
- Potential to add 2-3 ADUs (subject to city approval).
- Attractive price per door of $222,727 in a strong Sherman Oaks rental market.
- 7,632 square feet on a 10,984 square foot lot; $2,450,000 asking price, 4.82% cap rate.
Property Details for 14825 Magnolia Blvd
- Property type
- Apartment buildings
- Square Feet
- 7,632 SF
- Year Built
- 1953
- Buildings
- 2
- Stories
- 2
- Units
- 11
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.164844434935
- Longitude
- -118.45625180868
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 11-unit apartment building, high ROI.
- Where is the apartment building located?
- The property is located at 14825 Magnolia Blvd Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $2,450,000.
- What are key features of this property?
- This property features: 11-unit apartment building in prime Sherman Oaks location (14825 Magnolia Blvd, 91403).; Value-add opportunity with approximately 39% rental income upside potential.; Units average 693 square feet; mix of three 2BR/1BA and eight 1BR/1BA units.
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