13319 Magnolia, Sherman Oaks, CA 91423
- $1,200,000
- 2
- BD
- 2
- BA
- 1,395
- SqFt
List Agent Joe Goldin () 818-864-1111 Beverly and Company; CoList () Courtesy of Selling Office: FTRE CA Inc., Nikolai Rowe - Selling Agent DRE# and Courtesy of Listing Office Beverly and Company, Joe Goldin - Agent DRE#
- Sold Price
- $1,200,000
- List Price
- $1,290,000
- Closing Date
- Jul 24, 2026
- Status
- CLOSED
- MLS#
- SR26107780
- Year Built
- 1949
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 1,395
- Lot Size
- 10,252
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 51
- Property Type
- Single Family Residential
- Style
- Traditional
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
REDUCED FOR A QUICK SALE !!!! PRIME SHERMAN OAKS VALUE-ADD OPPORTUNITY ON AN OVERSIZED 10,000+ SQ FT FLAT LOT — EXCELLENT ADU & REDEVELOPMENT POTENTIAL Exceptional opportunity in one of Sherman Oaks’ most desirable pockets. This rare oversized flat lot offers the perfect opportunity for homeowners, investors, contractors, and builders seeking immediate livability with substantial upside to expand, remodel, or redevelop. The existing residence features approximately 1,400 sq ft with 2 bedrooms and 2 bathrooms, plus a detached 1-bedroom guest unit with a private entrance. The property includes a pool, generous outdoor grounds, and updated finishes, making it move-in ready for an owner-user while still offering tremendous potential to further personalize or maximize value. The oversized flat lot may accommodate up to 2 additional ADUs for strong income potential. No rezoning or variance required (buyer to verify). This highly sought-after area of Sherman Oaks continues to experience strong redevelopment activity and impressive resale comps. Ideal for multigenerational living, rental income, or a high-upside value-add project in a prime Sherman Oaks corridor. The combination of lot size, location, existing guest unit, and future development potential is rarely available at this price point. Located minutes from Ventura Blvd dining, shopping, entertainment and top rated schools with easy access to the 405 and 101 freeways. One of the lowest priced homes per square foot in the area based on lot size and location. Seller is motivated and ready to review serious offers. Buyer to independently verify all zoning, permits, ADU possibilities, and development requirements with the city. Schedule your private showing today.
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Additional Information
- Appliances
- Gas Range
- Pool
- Yes
- Pool Description
- In Ground, Private
- Fireplace Description
- Living Room
- Heat
- Central, Forced Air, Fireplace(s)
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Frame, Stucco
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.