15325 Magnolia Boulevard 108, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 2 bath
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Sherman Oaks, California 91403
This Renovated Corner Residence is a High-Potential Investment Opportunity, listed at $749,000—positioned well below the $785,969 Fair Market Value by 4%. This valuation gap offers $36,969 in Instant Equity for the incoming buyer. The home boasts a Turnkey Condition Rating featuring a Chef's Kitchen and a rare Private 275-Square-Foot Patio accessible from all bedrooms. Located in the Los Angeles Unified district near Kester Elementary Magnet and the Galleria, this property perfectly balances lifestyle luxury with immediate financial upside. It is an ideal acquisition for Owner-Occupants or First-Time Buyers seeking a polished, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15325 Magnolia Boulevard 108 Subject | $739,000* List Price | 3 | 2 | 1,625 | $461 | - |
A 15137 Magnolia Boulevard A Sold | $830,000 | 3 | 3 | 1,666 | $498 | 0.2 mi |
B 15161 Magnolia Boulevard F Sold | $845,000 | 3 | 3 | 1,666 | $507 | 0.2 mi |
C 5115 Kester Avenue 14 Sold | $791,000 | 3 | 3 | 1,534 | $516 | 0.5 mi |
D 15231 Magnolia 221 Sold | $585,000 | 2 | 2 | 1,184 | $494 | 0.1 mi |
E 5115 Kester Sold | $540,000 | 2 | 2 | 1,493 | $362 | 0.5 mi |
F 15335 Magnolia Active | $699,900 List Price | 3 | 2 | 1,544 | $453 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the unit has undergone extensive recent renovations that meet modern quality standards. The property features a fully updated chef's kitchen with stainless steel appliances and tiled backsplash, recently renovated bathrooms, new windows, sliding glass doors, and recessed dimmable lighting throughout, presenting a turnkey, like-new interior condition.
The residence has been comprehensively updated with a chef's kitchen, renovated bathrooms, new windows, and recessed lighting, offering a turnkey experience that stands out in a 1981 building.
A rare 275-square-foot private patio accessible from all three bedrooms provides a serene oasis and significantly expands the usable living space to approximately 1,900 square feet.
As a spacious corner unit, the floor plan features a thoughtful split-bedroom design that maximizes privacy for guests or a home office while benefiting from increased natural light.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1625, other record living area = 1544. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The unit includes two tandem parking spaces, which can be a daily inconvenience for multi-car households requiring frequent vehicle coordination.
The seller's potential need for a one-month leaseback may complicate the timeline for buyers needing immediate occupancy or those with specific mortgage rate-lock constraints.
Welcome to this stunning first-floor residence located in one of Sherman Oaks' most desirable communities. This rare corner unit offers 3 bedrooms and 2 bathrooms with 1625 square feet of beautifully updated interior living space, plus an additional 275 -square-foot private patio bringing the total usable space to approximately 1900 square feet. The open-concept living and dining areas flow seamlessly to the expansive patio, creating a flexible and inviting layout ideal for modern living and entertaining. The home has been extensively updated throughout. The chef's kitchen features a tiled backsplash stainless steel appliances, with a 5 burner gas top stove/oven, updated cabinetry, and a nice sized pantry. Perfect for both everyday living and hosting guests. The spacious primary suite is a true retreat, offering a large walk-in closet, a recently renovated ensuite bathroom, and direct access to the patio. The second bedroom is generously sized, also with direct patio access, and is conveniently located next to the beautifully updated hall bathroom. The third bedroom is thoughtfully positioned on the opposite side of the home, providing ideal privacy for guests or a home office and also features patio access. The private patio is a rare and serene oasis incredibly hard to find offering a peaceful escape in the heart of the city. Additional upgrades include updated bathrooms, all windows, sliding glass doors, appliances, and in-unit washer and dryer plus recessed dimmable lights thought out the unit The well-maintained building offers a private swimming pool, separate in-ground spa, sauna, dog play area and gated garage with two tandem parking spaces , plus a large private storage closet. HOA dues include water, trash, and earthquake insurance. Ideally located in prime Sherman Oaks just moments from the Sherman Oaks Galleria, Ventura Boulevard, top dining, shopping, and convenient access to the 101 and 405 freeways. Just blocks away from Lake Balboa park, offering 2000 acres of recreational park space. This vast area includes parks, a 225-acre wildlife reserve, three golf courses, Lake Balboa, and sports fields. Don't miss this exceptional opportunity to own a truly stunning condo in an unbeatable location. Seller may need 1 month lease back. Fireplace is decorative. Offers due by 3/9
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,625 | 1,491 | 72% |
| Lot Size | 49,304 | 26,584.5 | 67% |
| Price | $739.0K | $636.5K | 69% |
| Price per sq ft | $455 | $487 | 33% |
| Built year | 1981 | 1976 | 72% |
| HOA | $595.0 | $600 | 42% |
| Days on market | 58 | 155 | 6% |
Apr 3, 2026
$739,000
$749,000
-1% Price Drop
Initial Listing
Feb 23, 2026
$749,000
Initial Listing
Apr 28, 2020
$600,000
Public Record
Jun 24, 2009
$368,000
Public Record
Oct 9, 2003
$355,000
Public Record
Aug 2, 2001
$206,000
Public Record