- 2 Beds
- 2 Baths
- 1,395 Sqft
- .24 Acres
13319 Magnolia
REDUCED FOR A QUICK SALE !!!! 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 may 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. 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.
Essential Information
- MLS® #SR26107780
- Price$1,290,000
- Bedrooms2
- Bathrooms2.00
- Full Baths2
- Square Footage1,395
- Acres0.24
- Year Built1949
- TypeResidential
- Sub-TypeSingle Family Residence
- StyleTraditional
- StatusActive Under Contract
Community Information
- Address13319 Magnolia
- AreaSO - Sherman Oaks
- CitySherman Oaks
- CountyLos Angeles
- Zip Code91423
Amenities
- UtilitiesNatural Gas Available
- Parking Spaces2
- ParkingDriveway
- # of Garages2
- GaragesDriveway
- ViewNone
- Has PoolYes
- PoolIn Ground, Private
Interior
- InteriorLaminate, Tile
- AppliancesGas Range
- CoolingCentral Air
- FireplaceYes
- FireplacesLiving Room
- # of Stories1
- StoriesOne
Interior Features
Granite Counters, Open Floorplan, All Bedrooms Down
Heating
Central, Forced Air, Fireplace(s)
Exterior
- ExteriorStucco, Frame
- Lot DescriptionZeroToOneUnitAcre
- RoofShingle
- ConstructionStucco, Frame
School Information
- DistrictLos Angeles Unified
Additional Information
- Date ListedMay 18th, 2026
- Days on Market64
Listing Details
- AgentJoe Goldin
- OfficeBeverly and Company
Price Change History for 13319 Magnolia, Sherman Oaks, (MLS® #SR26107780)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $1,390,000 to $1,290,000 | ||
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Joe Goldin, Beverly and Company.
Based on information from California Regional Multiple Listing Service, Inc. as of July 21st, 2026 at 4:52pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.