Four-Unit Multifamily Property with Expansion
14722 Magnolia Blvd, Sherman Oaks, CA 91403
For Sale
$1,545,000
Four two-bedroom residences include eight parking spaces, with approved plans for two additional one-bedroom units.
Property Size3,588 SF
Price / SF$430.60
Days on Market272
Property Features for 14722 Magnolia Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Road Access
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Kidder Mathews of California, Inc.
Listed By:
Joshua Luchs · License CA #01845545
(818) 231-2477
Source:
Highend-estates
Added: Feb 12
Changed: Nov 7
Last Checked: Nov 9 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews of California, Inc.
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Investment Insights
Based on property information with market context.
This 3,588-square-foot quadplex, built in 1955, contains four two-bedroom units. Interior and building upgrades include wood flooring, copper plumbing, and updated electrical systems. The owner's residence has an in-unit washer and dryer, a tankless water heater, and a private patio. Eight on-site parking spaces are provided, including two front garages that together accommodate four vehicles.
Approved architectural plans and ready-to-issue permits provide for two additional one-bedroom units. The property is on Magnolia Boulevard in Sherman Oaks, with Ventura Boulevard retail, dining, and employment amenities nearby.
Approved architectural plans and ready-to-issue permits provide for two additional one-bedroom units. The property is on Magnolia Boulevard in Sherman Oaks, with Ventura Boulevard retail, dining, and employment amenities nearby.
Key Highlights
- Four existing units, each with two bedrooms
- Approved architectural plans and ready‑to‑issue permits for two additional one‑bedroom units
- Eight on‑site parking spaces, including four spaces in two front garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,659
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,253,180
$1.3M
Cap Rate 7%
$895,129
$895.1K
Cap Rate 9%
$696,211
$696.2K
Market Conditions
NOI Build-Up for 3,588 SF
Gross rent
$96.9K $27.00/SF
− Vacancy
−$7.4K −$2.05/SF
EGI
$89.5K $24.95/SF
− OpEx
−$26.9K −$7.48/SF
NOI
$62.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,253,180
Cap Rate 7%
$895,129
Cap Rate 9%
$696,211
Alternative Uses
Best Use
Multifamily LT 5
$895.1K
$783.2K – $1.04M
NOI $62,659 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$824.8K
$721.7K – $962.2K
NOI $57,734 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,470 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Who owns this building?
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Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,869
Businesses Nearby
Explore this area
Business Placement
Demographics for 91403, CA
25,329
Population
13,095
Households
1.9
Avg Household Size
40
Median Age
68%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
7,036
Density / Sq Mi
$114,348
Median Household Income
$70,449
Median Earnings
$2,437
Median Rent
$1,467,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences include eight parking spaces, with approved plans for two additional one-bedroom units.
Where is this quadplex located?
The property is located at 14722 Magnolia Blvd Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $1,545,000.
What are key features of this property?
This property features: Four existing units, each with two bedrooms; Approved architectural plans and ready‑to‑issue permits for two additional one‑bedroom units; Eight on‑site parking spaces, including four spaces in two front garages
