13319 Magnolia, Sherman Oaks, CA 91423
Local realty services provided by:CENTURY 21 LOTUS
13319 Magnolia,Sherman Oaks, CA 91423
$1,390,000
- 2 Beds
- 2 Baths
- 1,395 sq. ft.
- Single family
- Active
Listed by: joe goldin
Office: beverly and company818-835-4414
MLS#:SR26107780
Source:CRMLS
Price summary
- Price:$1,390,000
- Price per sq. ft.:$996.42
About this home
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 can 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.
Priced to sell!!! 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....
Contact an agent
Home facts
- Year built:1949
- Listing ID #:SR26107780
- Added:2 day(s) ago
- Updated:May 21, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Tile
- Kitchen Description:Gas Range
- Living area:1,395 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Fireplaces, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1949
- Building area:1,395 sq. ft.
- Lot area:0.24 Acres
- Architectural Style:Traditional
- Construction Materials:Frame, Stucco
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,390,000
- Price per sq. ft.:$996.42
Features and amenities
- Amenities:All Bedrooms Down, Granite Counters, Open Floor Plan
- Pool features:In Ground, Private
Parking
- Total parking spaces:2
- Parking description:Driveway
- Garage:Yes
- Garage spaces:2
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