14833 Magnolia Boulevard, Sherman Oaks, CA 91403
  • MLS#: CV24188890 ( Apartment )
  • Street Address: 14833 Magnolia Boulevard
  • Viewed: 1
  • Price: $11,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 65
  • Additional Information
  • County: LOS ANGELES
  • City: Sherman Oaks
  • Zipcode: 91403
  • Provided by: CB RICHARD ELLIS
  • Contact: ERIC ERIC
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are proud to exclusively present a prime multifamily asset in the coveted Sherman Oaks neighborhood, located at 14833 Magnolia Blvd, Los Angeles, CA. Situated near Westfield Fashion Square and minutes from Universal Studios, the property is within walking distance to an abundance of dining, shopping, and entertainment options. Commuting is easy, with close access to the 101 freeway. Totaling 36 units with a desirable mix of studios, 1 beds, and 2 beds, the property features community amenities including on site laundry, outdoor courtyard seating, carport parking, and elevator for resident convenience. High speed Internet access, wall air conditioning and heating, ceiling fans, vertical blinds and quality kitchen appliances are provided in all units and many units have been upgraded with modern finishes. Surrounded by renowned LA landmarks like the Griffith Observatory and Hollywood Bowl, this turnkey property offers the opportunity to capitalize on the desirability of the Sherman Oaks market. With its strategic location, diverse unit mix, and sought after amenities, 14833 Magnolia Blvd is primed to deliver consistent cash flow and long term value appreciation. Seize your chance to own a piece of this thriving community.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 31378.00
Carport Spaces
  1. 41.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 33
Electric Expense
  1. 5012.00
Fuel Expense
  1. 15854.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 2775.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 31880.00
Laundry Features
  1. Common Area
Laundry Income
  1. 8695.00
Levels
  1. Three Or More
Lockboxtype
  1. None
Lot Features
  1. 36-40 Units/Acre
Netoperatingincome
  1. 506948.00
Newtaxesexpense
  1. 147180.00
Number Of Separate Electric Meters
  1. 36
Number Of Separate Gas Meters
  1. 36
Otherexpense
  1. 7200.00
Otherexpensedescription
  1. Reserves
Otherincome1
  1. 18685.00
Otherincome2
  1. 1933.00
Parcel Number
  1. 2249021022
Pest Control Expense
  1. 1025.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 53568.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422896867:CRM
Spa Features
  1. None
Suppliesexpense
  1. 7444.00
Totalexpenses
  1. 338658.00
Trash Expense
  1. 21101.00
Vacancyallowance
  1. 26153
Water Sewer Expense
  1. 28917.00
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. LAR3