15335 Magnolia 216, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 2 bath

15335 Magnolia 216, Sherman Oaks, California 91403 home-pic-0
ACTIVE UNDER CONTRACT$625,000$1,544/sqft
15335 Magnolia 216, Sherman Oaks, California 91403
3Beds
2Baths
1,544Sqft
49,304Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Walkability: Situated in the heart of Sherman Oaks on a cul-de-sac, offering exceptional walkability to the Sherman Oaks Galleria, Magnolia Park, Kester Elementary Magnet School, Costco, Target, Whole Foods, and L.A. Fitness. It also provides convenient access to the West Side and UCLA via Sepulveda or the 405.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$625.0K vs avg $614.5K (+$10,500)54%
Size:1,544 sqft vs avg 1,461 sqft73%
Price/sqft:$405 vs avg $49719%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, this condo has undergone significant renovations, making it move-in ready. However, the style of the kitchen (traditional wood cabinets, patterned granite, mosaic backsplash) and bathrooms (dark wood vanities, travertine-look tiling, traditional fixtures) appears dated, likely from updates 15-25 years ago, rather than recent. While functional and well-maintained, these key areas show signs of being outdated. Hardwood floors and recessed lighting are positive updates, but the lack of explicit information on major system updates for a 43-year-old building also contributes to a 'Fair' assessment.
Year Built
1981
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$405
HOA
$595
Days on market
-
Sold On
-
MLS number
SR25280143
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Pool
Spa
ViewTrees/Woods

About this home

A RARE 3 BR end-unit condo in the quiet back of the building where the views are trees, birds and squirrels – you’re surrounded by nature and yet in the heart of Sherman Oaks just steps to everything! We’re in a Cul De Sac, a serene location and yet central, near everything you need! near Sherman Oaks Galleria, Near Kester Elementary Magnet School (!), walk to the HUGE Magnolia Park, Minutes to the West Side & UCLA via Sepulveda or the 405, Nano minutes to Costco, to Target, to Whole Food Store, to The Galleria (!) to the new Pavillion….walk to L.A. Fitness – need I say more? That’s another reason this opportunity is so rare! And then the condo itself is amazing: through double-door, enter an elegant foyer w/custom travertine walls & floors that leads you to the kitchen that opens to the dining and living areas and a balcony with views of TREES. The primary BR is a super large en-suite: BR + BA plus a walk-in closet and a 2nd Balcony w/views of TREES. A full size laundry-closet in the hallway. Folks: this is A Real treat ! Amenities are: POOL,SPA, ELEVATOR. Low HOA includes Earthquake Insurance!

T
Tammy Jerome
Listing Agent
Condition Rating
Fair

Built in 1981, this condo has undergone significant renovations, making it move-in ready. However, the style of the kitchen (traditional wood cabinets, patterned granite, mosaic backsplash) and bathrooms (dark wood vanities, travertine-look tiling, traditional fixtures) appears dated, likely from updates 15-25 years ago, rather than recent. While functional and well-maintained, these key areas show signs of being outdated. Hardwood floors and recessed lighting are positive updates, but the lack of explicit information on major system updates for a 43-year-old building also contributes to a 'Fair' assessment.
Pros & Cons

Pros

Prime Location & Walkability: Situated in the heart of Sherman Oaks on a cul-de-sac, offering exceptional walkability to the Sherman Oaks Galleria, Magnolia Park, Kester Elementary Magnet School, Costco, Target, Whole Foods, and L.A. Fitness. It also provides convenient access to the West Side and UCLA via Sepulveda or the 405.
Rare 3-Bedroom End Unit with Nature Views: A rare 3-bedroom end-unit condo, providing enhanced privacy and quietness. It boasts serene views of trees, birds, and squirrels from both balconies, creating a natural and peaceful environment.
Spacious & Well-Appointed Interior: Generous 1544 sqft living space featuring an elegant foyer with custom travertine walls and floors, an open-concept kitchen flowing into dining and living areas, a super large en-suite primary bedroom with a walk-in closet and a second balcony, and a full-size in-unit laundry closet.
Desirable Building Amenities: Residents benefit from community amenities including a pool, spa, and elevator access, enhancing the lifestyle and convenience offered by the complex.
HOA Value & Inclusions: The HOA fee, while a monthly cost, is noted as 'low' by the seller and importantly includes earthquake insurance, providing added peace of mind and value.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Building Age & Potential for System Updates: Built in 1981, the property is over 40 years old. While some cosmetic upgrades are mentioned, there's no explicit detail on updates to major systems (e.g., HVAC, plumbing, electrical), which could imply future maintenance or replacement needs.
Monthly Association Fee: The $595.0 monthly association fee, while including earthquake insurance, represents a significant ongoing cost that could impact a buyer's budget and overall affordability.
Lack of Mentioned Central Air Conditioning: The property description does not specify the presence of central air conditioning. For a 1981 build in Southern California, this could indicate a reliance on alternative cooling methods or a potential need for installation, which might be a drawback during warmer months.
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