15173 Magnolia Boulevard E, Los Angeles, California 91403, Los Angeles, 91403 - 3 bed, 3 bath
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15173 Magnolia Boulevard E
Los Angeles, California 91403
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,562Sq Ft
131,784Lot Size
Property Price
LIST PRICE$768,000
EST. MARKET VALUE
$734,832
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $768,000—positioned well below the $734,833 Fair Market Value by -4%. While the property requires a full renovation given its Condition Rating of 5, the interior location within the tranquil Oak Pointe community offers significant value-add potential. Proximity to the highly-rated Kester Avenue Elementary School (9/10) adds long-term stability. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through a comprehensive modernization project.
Estimated Market Value
$734,832
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (45 years old) and explicitly marketed as a 'true FIXER' sold 'As-IS.' Interior images show dated popcorn ceilings and old carpeting, while the primary living space photo is digitally rendered to mask the actual condition. The property requires a full rehab of kitchens, baths, and likely systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Significant Equity Potential
Priced at $768,000 with a neighboring unit pending at $899,000, this property offers a substantial value-add opportunity for investors or buyers looking to build immediate equity through renovation.
- Prime Interior Location
Situated in a coveted interior spot within the Oak Pointe community, the home is shielded from street noise and traffic, providing a peaceful and private living environment.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The home is sold in 'as-is' condition and is described as a 'true fixer,' requiring a significant additional investment of capital and time for necessary repairs and modernization.
- High Monthly Carrying Costs
The monthly association fee of $685 is relatively high, which may impact the overall affordability for some buyers and increase the property's fixed monthly expenses.
About 15173 Magnolia Boulevard E
FINAL OPPORTUNITY - TRUST SALE (No court confirmation needed) Seller has authorized a brief final window to consider offers before pursuing lender alternatives. Property is being sold as-is and requires a buyer capable of a quick, reliable closing. Please submit your strongest offer, POF or full loan approval/cash, and a proposed closing timeline by 09/8/2026 5pm. Seller reserves the right to accept an offer prior to the deadline. Oak Pointe is a very special community, and this home is set within a coveted interior location, away from public streets and traffic noise. Ideally situated near the shops and restaurants of Ventura Blvd, parks, and film studios, this location is perfect for anyone who wants access to everything that Los Angeles has to offer and freeway close. The townhome next door is pending LP: $899,000.00 The home requires updating and is priced for its present condition.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 131,784 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $685.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Kester Avenue Elementary School
Grades K-5 • 0.4 mi
9/10
Van Nuys Middle School
Grades 6-8 • 0.8 mi
2/10
Van Nuys Senior High School
Grades 9-12 • 1.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,562 | 1,219.385 |
| Lot Size | 131,784 | 27,236.074 |
| Price | $768.0K | $800.2K |
| Price per sq ft | $492 | $650 |
| Built year | 1979 | 1979 |
| HOA | $685.0 | $685 |
| Days on market | 37 | 72 |
Pricing History
Listed for Sale
Aug 3, 2026
$768,000
Initial Listing