Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    14833 Magnolia Boulevard, Sherman Oaks, CA 91403
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    14833 Magnolia Boulevard
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    • MLS#: CV24188890 ( Apartment )
    • Street Address: 14833 Magnolia Boulevard
    • Viewed: 15
    • Price: $11,900,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1963
    • Bldg sqft: 0
    • Days On Market: 102
    • Additional Information
    • County: LOS ANGELES
    • City: Sherman Oaks
    • Zipcode: 91403
    • Provided by: CB RICHARD ELLIS
    • Contact: ERIC ERIC
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are proud to exclusively present a prime multifamily asset in the coveted Sherman Oaks neighborhood, located at 14833 Magnolia Blvd, Los Angeles, CA. Situated near Westfield Fashion Square and minutes from Universal Studios, the property is within walking distance to an abundance of dining, shopping, and entertainment options. Commuting is easy, with close access to the 101 freeway. Totaling 36 units with a desirable mix of studios, 1 beds, and 2 beds, the property features community amenities including on site laundry, outdoor courtyard seating, carport parking, and elevator for resident convenience. High speed Internet access, wall air conditioning and heating, ceiling fans, vertical blinds and quality kitchen appliances are provided in all units and many units have been upgraded with modern finishes. Surrounded by renowned LA landmarks like the Griffith Observatory and Hollywood Bowl, this turnkey property offers the opportunity to capitalize on the desirability of the Sherman Oaks market. With its strategic location, diverse unit mix, and sought after amenities, 14833 Magnolia Blvd is primed to deliver consistent cash flow and long term value appreciation. Seize your chance to own a piece of this thriving community.
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    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 31378.00
    Carport Spaces
    1. 41.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Days On Market
    1. 33
    Electric Expense
    1. 5012.00
    Fuel Expense
    1. 15854.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 2775.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 31880.00
    Laundry Features
    1. Common Area
    Laundry Income
    1. 8695.00
    Levels
    1. Three Or More
    Lockboxtype
    1. None
    Lot Features
    1. 36-40 Units/Acre
    Netoperatingincome
    1. 506948.00
    Newtaxesexpense
    1. 147180.00
    Number Of Separate Electric Meters
    1. 36
    Number Of Separate Gas Meters
    1. 36
    Otherexpense
    1. 7200.00
    Otherexpensedescription
    1. Reserves
    Otherincome1
    1. 18685.00
    Otherincome2
    1. 1933.00
    Parcel Number
    1. 2249021022
    Pest Control Expense
    1. 1025.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 53568.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 422896867:CRM
    Spa Features
    1. None
    Suppliesexpense
    1. 7444.00
    Totalexpenses
    1. 338658.00
    Trash Expense
    1. 21101.00
    Vacancyallowance
    1. 26153
    Views
    1. 15
    Water Sewer Expense
    1. 28917.00
    Water Source
    1. Public
    Year Built
    1. 1963
    Year Built Source
    1. Assessor
    Zoning
    1. LAR3
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836