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. T
MLS #
CRSR26032762
MLS Source
California Regional MLS
Days on Site
22
Bedrooms
Ground Floor Bedroom
Appliances
Oven - Gas, Oven Range - Gas
Dining Room
Other
Fireplace
Gas Burning
Flooring
Laminate
Laundry
In Laundry Room
Cooling
Central Forced Air, Central Forced Air - Gas
Heating
Central Forced Air
Pool
Pool - Yes
Style
Traditional
Garage/Parking
Room for Oversized Vehicle, Garage: 0 Car(s)
HOA Fee
$0
13319 Magnolia is a Single Family Residence in Sherman Oaks, CA 91423. This 1,395 square foot property sits on a 10,252 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $1,590,000 and was built in 1949. This address can also be written as 13319 Magnolia, Sherman Oaks, CA 91423.
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This listing information is up-to-date as of March 02, 2026. For the most current information, please contact Joe Goldin, (818) 864-1111