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$1,790,000

Beds
8
sq ft
3,588

14722 Magnolia Blvd, Sherman Oaks, CA 91403

14722 Magnolia Blvd

Sherman Oaks, CA 91403

  • 38 days on market
    • Price drop $59,999↓
Rare R3 Zoning. Calling all 1031 Clients & Investors! Discover a rare gem in Sherman Oaks, just North of Ventura Blvd. This prime location offers proximity to the 101 and 405 freeway, shopping malls, markets, and public transportation.Featuring four units with two bedrooms one bath, hardwood floors, living and dining breakfast areas, patios, and shared laundry, this property also includes "Approved Plans and Permits "to build two new additional units which are paid for with complete modern appliances, washer and dryer, maximizing its value.Each unit, approximately under 900 sq ft, presents immense potential, with an existing one already remodeled with a washer and dryer and boasting a private backyard. With four-car garage, driveway parking, solar panels, newer electrical and plumbing systems, this property promises significant rental potential and growth. Don't miss out on this remarkable investment opportunity!

Details

Property type

Est. home value

$1,465,147

Lot size

6,503 sq ft

Price per sq ft

$499

Year built

1955

HOA

No

Price History

12/05/2024
CLAW

CLAW #24463765

Price change
$1,790,000
-3.24%
11/03/2024
CLAW

CLAW #24463765

Listed
$1,849,999
+1.65%
09/21/2024
CLAW

CLAW #24421861

Removed
$1,820,000

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

October 2022

Original loan amount

$958,750

Est. remaining balance

Not provided

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

14722 Magnolia Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 7:55 AM

Listing updated: 12/05/2024 at 3:00 AM

Listed by: Todd Marks, Berkshire Hathaway HomeServices California Properties Phone #: (310) 777-7800

MLS: CLAW #24463765

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