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14722 MAGNOLIA, Los Angeles, California

$1,700,0008 Beds4 BathsActive

14722 MAGNOLIA, Los Angeles, California 91403
- MLS® ID: 17285572

Property Details

14722 MAGNOLIA, Los Angeles, California 91403 - We are pleased to present for sale a four-unit multifamily property located in the Sherman Oaks neighborhood of Los Angeles, California . Situated at 14722 West Magnolia Boulevard, just north of Ventura Boulevard and west of Van Nuys Boulevard, the property is walking distance away from all of the exciting amenities that Ventura Boulevard is notorious for offering. In addition, the investment is nearby the 405 and 101 Freeways providing quick access to the San Fernando Valley as a whole.Built in 1955, this property boasts an impressive list of economically-conscious additions of solar panels, Astroturf, brand new electrical panels, all new copper pipes, and tankless water heaters. Paired with on-site parking, excellent curb appeal, and 5% cap rate, this property offers potential investors extraordinary rental upside potential and is sure to appreciate quickly.

Amenities

  • Zip91403
  • CountyLos Angeles
  • SQFT3588
  • Bedrooms8
  • Full baths4.00
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeLAR3
  • Year built1955
  • Lot size6501
  • HeatingWall Heater
  • CoolingAir Conditioning
  • ParkingDriveway
  • MLS® ID17285572

Listing Courtesy of Marcus & Millichap

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“Neil found a buyer for our house without it ever going on the market! - What a wonderful experience! Neil is nothing short of professional, organized and reliable. More importantly, from the very first meeting, he really listened and was very responsive to the unique needs of our situation”

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