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13319 MagnoliaSherman Oaks, CA 91423

Single Family · 2 Beds · 2 Full Baths · 1,395 Sq. ft. | 0.24 Acres
$1,390,000 Active

13319 Magnolia Overview

Time on Site:
42 days
Visits:
0

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.

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13319 Magnolia Facts & Features

  • Type Single Family
  • Sq. ft. 1,395
  • Price/Sq.ft. $996
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Los Angeles Unified

Listing Information

  • Contingency: None

Building Information

  • New Construction: No
  • Year Built: 1949

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: SO - Sherman Oaks
  • Postal City: SHERMAN OAKS

Community/Development

  • Community Features: Suburban

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Conventional
  • Parcel Number: 2344021022
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Accessibility Features: None
  • Appliances: Gas Range
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Laminate,Tile
  • Interior Features: Granite Counters,Open Floorplan,All Bedrooms Down
  • Laundry Features: Washer Hookup,Gas Dryer Hookup,Laundry Room
  • Levels: One
  • Living Area: 1395.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Security Features: Security Gate
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.2354
  • Lot Size Area: 10252.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10252.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Attached Garage: No
    • Construction Materials: Frame,Stucco
    • Property Attached: No
    • Roof: Shingle
    • Structure Type: House

    General Information

    • Fencing: Wood
    • Number Of Units Total: 1
    • Pool Features: In Ground,Private
    • Pool Private: Yes
    • Sewer: Public Sewer
    • Utilities: Natural Gas Available

    13319 Magnolia Neighborhood

    Community

    91423 (Sherman Oaks) Demographics

    39
    Median Age
    7,515
    Population Density (per sq. mile)
    69%
    College Educated
    $90,783
    Estimated Median Income
    5,836
    Estimated Total Home Owners
    9,505
    Estimated Total Renters
    38% / 62%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    13319 Magnolia Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    13319 Magnolia Market Data

    Based on the last 30 days in this zip code

    $1,981,842
    Average List Price
    $781
    Average Price per Square Foot
    26
    Properties Sold
    80
    Average Days on Market
    403
    Properties for Sale
    Calculations provided by Reliance Network

    13319 Magnolia History

    Date Event Value Agent
    6/9/2026Source: CRMLS Status Change
    Active
    6/7/2026Source: CRMLS Status Change
    Active Under Contract
    5/18/2026Source: CRMLS Added to Database
    May 18, 2026
    Listing provided courtesy of Beverly and CompanyJoe Goldin- MLS# SR26107780MLS ProviderContact Information: [email protected] - 818-835-4414