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13319 Magnolia, Sherman Oaks, CA 91423

$1,290,000 Approx. USD 2 beds, 2 baths
1,395 sqft

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Photo of Robyn Raskind

Marketed By Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
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

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Listing Agent

Joe Goldin | REgoldin@gmail.com
Lic#: 01365049
Broker: Courtesy of Beverly and Company
Phone: 818-864-1111

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

Price: $1,290,000

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

Days On Market (DOM): 52

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Previous Listing

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