15215 Magnolia Boulevard 131, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 2 bed, 2 bath
15215 Magnolia Boulevard 131
Sherman Oaks, California 91403
Property Price
SUMMARY
Analysis of 15215 Magnolia Boulevard 131, Sherman Oaks, California 91403 is currently available with a list price of $560,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant modern updates throughout. Although built in 1979, the unit features a renovated primary bathroom, a modern kitchen with stainless steel appliances, and updated flooring and recessed lighting. It meets the 'good' criteria as it is well-maintained with contemporary finishes, though it is an updated older structure rather than a brand-new or fully gutted renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Resort-Style Amenities
The community offers an extensive suite of amenities, including six pools, three tennis courts, and sports courts, providing a luxury lifestyle rarely found at this price point.
- Prime Sherman Oaks Location
Ideally situated with easy access to the 405 and 101 freeways, and within walking distance to a new Trader Joe's and the Sepulveda Basin recreation area.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $728.54 is significant and may impact the purchasing power of buyers sensitive to recurring monthly carrying costs.
- Limited Bathroom Count
With only 1.5 bathrooms for a two-bedroom, two-story layout, the property may face competition from similar units offering two full bathrooms.
About 15215 Magnolia Boulevard 131
**New Price!** Welcome to this beautifully updated, move-in ready 2-bedroom, 1.5-bath, 1,127sqft 2 story corner unit condo, nestled in a lush community with premium amenities. Featuring modern appliances, brightly renovated primary bathroom, laundry in unit, and a private patio, this home offers the perfect blend of comfort and convenience for families or anyone seeking an easygoing lifestyle. The complex itself features six well maintained pools and spas, three lighted tennis courts, two sports courts, a sauna, and a lush park-like setting with meandering walkways through beautifully landscaped grounds. There's ample visitor parking, making it easy to host friends and family. Ideally located just minutes from the Sepulveda Basin, bike paths along the LA River, Sherman Oaks Castle Park, Westfield Fashion Square, and a brand-new Trader Joe's. You'll enjoy the perfect mix of outdoor recreation, shopping, and dining, with convenient access to the 405 and 101. Don't miss the opportunity to own a well-appointed condo in a beautifully maintained community with exceptional amenities and a prime location near everything Sherman Oaks has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 82,362 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $728.54 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Kester Avenue Elementary School
Grades K-5 • 0.4 mi
Van Nuys Middle School
Grades 6-8 • 0.8 mi
Van Nuys Senior High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,127 | 1,476 | 28% |
| Lot Size | 82,362 | 25,791 | 84% |
| Price | $560.0K | $624.0K | 25% |
| Price per sq ft | $497 | $486 | 53% |
| Built year | 1979 | 1975 | 72% |
| HOA | $728.54 | $614 | 72% |
| Days on market | 172 | 165 | 59% |
Pricing History
Listed for Sale
Feb 19, 2026
$560,000
$598,000
-6% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$598,000
$599,999
+0% Price Increase
Initial Listing
Price Change
Oct 23, 2025
$599,999
$612,500
-2% Price Drop
Initial Listing
Price Change
Sep 15, 2025
$612,500
Initial Listing