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13319 Magnolia Sherman Oaks, CA 91423
$1,290,000 2 beds, 2 baths
1, 395 sqft
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Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Text Me
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Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
Phone: 858-756-3795
Fax: 858-756-9591
Rancho Santa Fe - Fairbanks Ranch 16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active Under Contract
MLS# SR26107780
List price is $1,290,000 Reduced by $100,000 on 7/2/2026
HOA Fee is $0.00
Beds: 2
Baths: 2 (2 full)
Living Room fireplaces
Built in 1949
1,395 sqft
1 story
0.24 acres
Lot size: 0.2354
County: Los Angeles
Property style: Traditional
Construction: Frame,Stucco
Interior features: Granite Counters,Open Floorplan,All Bedrooms Down
Appliances: Gas Range
Parking description: Driveway
Lot description: ZeroToOneUnitAcre
Heating/cooling: Central Air
Heating description: Central,Forced Air,Fireplace(s)
MLS area: SO - Sherman Oaks

Last Updated: 7/9/2026

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This listing belongs to the SO - Sherman Oaks MLS area

The style of this listing is Traditional.
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Lat/Long: 34.165218, -118.423184.
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Listing Agent: Joe Goldin
Lic#: 00683543
Office Name: Rancho Santa Fe - Fairbanks Ranch

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com

Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
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