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.
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:
$1,590,000
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
See this Listing
Schools
School District:
Los Molinos Unified
Interior
Appliances
GO, GR
Bathrooms
2 Full Bathrooms
Cooling
CA, GAS
Flooring
LAM
Heating
CF
Laundry Features
GE, IR
Exterior
Architectural Style
TRD
Community Features
VLY
Construction Materials
STC
Financial
Map
Community
- Address13319 Magnolia Sherman Oaks CA
- CitySherman Oaks
- CountyLos Angeles
- Zip Code91423
Subdivisions in Sherman Oaks
Market Summary
Current real estate data for Single Family in Sherman Oaks as of Feb 23, 2026
323
Single Family Listed
66
Avg DOM
396
Avg $ / SqFt
$1,238,789
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 $1,590,000 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 $1,140. The average price per square foot for Single Family listings in Sherman Oaks is $396. The average listing price for Single Family in Sherman Oaks is $1,238,789.
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13319 Magnolia
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