13319 Magnolia, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath

13319 Magnolia
Sherman Oaks, California 91423
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13319 Magnolia Subject | $1,590,000* List Price | 2 | 2 | 1,395 | $1,078 | - |
A 13307 Otsego Street Sold | $1,565,500 | 3 | 2 | 1,854 | $844 | 0.1 mi |
B 4659 Morse Avenue Sold | $1,800,000 | 3 | 2 | 1,775 | $1,014 | 0.8 mi |
C 13530 Morrison Sold | $1,495,000 | 3 | 3 | 1,747 | $856 | 0.4 mi |
D 5131 Greenbush Avenue Sold | $1,450,000 | 3 | 3 | 1,652 | $878 | 0.2 mi |
E 4545 Allott Ave Sold | $1,655,000 | 3 | 3 | 1,790 | $925 | 0.9 mi |
F 4610 Wortser Avenue Pending | $1,699,000 List Price | 2 | 2 | 1,594 | $1,066 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1949, the property is in livable and 'semi-updated' condition but is primarily marketed as a redevelopment or value-add opportunity. While the home is move-in ready, the kitchen and bathrooms show dated styles and older fixtures consistent with a property that has not had a full-scale renovation in recent years. The overall quality reflects a well-maintained but aged structure where major systems and aesthetics are functional but nearing the end of their modern relevance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10252, living area = 1395.
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Exceptional Development Potential
The oversized 10,252 sq ft flat lot provides a rare and versatile canvas for investors or builders to develop a substantial main residence and an ADU in a high-demand market.
CONSRISKS & DEFICIENCIES
- Limited Existing Living Space
With only 1,400 sq ft in the main residence, the current structure is undersized for the lot and price point, necessitating a major expansion or rebuild to meet modern luxury standards.
- High Capital Requirement
Marketed as a value-add opportunity, the property requires significant additional investment beyond the $1.59M purchase price to modernize or redevelop the 1949 structure.
About 13319 Magnolia
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. The neighborhood’s consistent demand and ongoing improvements make this an exceptional opportunity to invest, expand, or build in one of the Valley’s most desirable communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 10,252 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Erwin Elementary School
Grades K-5 • 1.2 mi
John B. Monlux Elementary School
Grades K-5 • 1.3 mi
Kester Avenue Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,395 | 2,222 | 7% |
| Lot Size | 10,252 | 7,425.5 | 81% |
| Price | $1.59M | $1.76M | 33% |
| Price per sq ft | $1.1K | $814 | 93% |
| Built year | 1949 | 1951 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 158 | 1% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,590,000
Initial Listing
Sold
Jan 29, 2009
$470,000
Public Record
Sold
Jul 3, 2006
$799,000
Public Record
Sold
Jul 19, 2005
$630,000
Public Record
Sold
Jun 9, 2005
$500,000
Public Record

















































