13319 Magnolia
Sherman Oaks, CA, 91423
$1,490,000
2 Beds
2 Baths
1,395 SqFt
0.24 Acres
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MLS #SR26032762 image #0
PRICE REDUCED!!!! Exceptional value add or redevelopment opportunity in prime Sherman Oaks. Situated on an oversize 10,000+ sq ft flat lot, this property offers many possibilities for an owner-user, investor, builder, or contractor looking to remodel, expand, or reimagine.
The existing residence features approximately 1,400 sq ft with 2 bedrooms and 2 bathrooms, plus a detached 1-bedroom guest unit offering flexibility for extended family or potential rental use. A pool and spacious grounds provide a strong foundation for enhancement or redevelopment.
The property is in livable condition, semi updated and move-in ready for an owner-user, while offering the opportunity to personalize and update over time. The large lot may accommodate a substantial main residence and ADU (Buyer to independently verify all zoning, permits, and development details with city). Ideal for those seeking a project in a high-demand end-user market with strong resale potential.
Moments from shopping, dining, entertainment, and convenient Westside access, this is a unique opportunity to create, customize, or build in the heart of Sherman Oaks. Surrounded by beautifully remodeled homes and newly constructed residences, this sought-after pocket of Sherman Oaks continues to see strong redevelopment and value-add activity. The neighborhood’s consistent demand and ongoing improvements make this an exceptional opportunity to invest, expand, or build in one of the Valley’s most desirable communities.

Property Details

Price:
$1,490,000
MLS #:
SR26032762
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
soshermanoaks
Listed Date:
Feb 16, 2026
Finished Sq Ft:
1,395
Lot Size:
10,252 sqft / 0.24 acres (approx)
Year Built:
1949
TraditionalPoolSo – Sherman OaksSoshermanoaksLos Molinos UnifiedNone

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Schools

School District:
Los Molinos Unified

Interior

Appliances
GO, GR
Bathrooms
2 Full Bathrooms
Cooling
CA, GAS
Flooring
LAM
Heating
CF
Interior Features
RECL, GRNC, OFP
Laundry Features
GE, IR
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
2

Exterior

Accessibility Features
NO
Architectural Style
TRD
Common Walls
NCW
Community Features
VLY
Construction Materials
STC
Patio And Porch Features
NO
Spa Features
NO
View
NO

Financial

Map

Community

Subdivisions in Sherman Oaks

Market Summary

Current real estate data for Single Family in Sherman Oaks as of Apr 06, 2026
337
Single Family Listed
69
Avg DOM
448
Avg $ / SqFt
$1,384,628
Avg List Price

Property Summary

    13319 Magnolia Sherman Oaks CA is a Single Family for sale in Sherman Oaks, CA, 91423. It is listed for $1,490,000 and features 2 beds, 2 baths, and has approximately 1,395 square feet of living space, and was originally constructed in 1949. The current price per square foot is $1,068. The average price per square foot for Single Family listings in Sherman Oaks is $448. The average listing price for Single Family in Sherman Oaks is $1,384,628.

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13319 Magnolia
Sherman Oaks, CA