13319 Magnolia, Sherman Oaks, CA 91423

• 2 beds |
• 2 baths |
• 1,395 sqft

Property Description

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 ve

Listing Status:

Active

Date Added:

May 18, 2026

Data Last Updated:

May 20, 2026 at 12:12PM

Listing Office:

Beverly and Company :

Listing Agent:

Joe Goldin : 818-864-1111

MLS ID:

SR26107780

Interior

• General: Granite Counters
• Appliances: Gas Range
• Laundry: GasWasher Hookup
• Flooring: LaminateTile
• A/C: Central Forced Air
• Heating: FireplaceForced Air Unit
• Fireplace: FP in Living Room
• Disability Feature: None

Exterior

• General: N/K
• Style: Traditional
• Pool: Below GroundPrivate
• Parking: Parking spaces: 2

Construction

• Roofing: Shingle
• General: StuccoFrame1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 2344021022
• View: N/K
• Fencing: Wood

Utilities

• Utilities: Natural Gas Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS