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14050 Magnolia Boulevard 316, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath

14050 Magnolia Boulevard 316, Sherman Oaks, California 91423 home-pic-0
ACTIVE UNDER CONTRACT$590,000
14050 Magnolia Boulevard 316, Sherman Oaks, California 91423
2Beds
2Baths
1,306Sqft
52,729Lot
Year Built
1981
Close
-
List price
$590K
Original List price
$615K
Price/Sqft
$452
HOA
$638.81
Days on market
-
Sold On
-
MLS number
25565793
Home ConditionFair
Features
Good View:
Deck
Pool
Spa
View

About this home

We found 3 Cons,6 Pros. Rank: price - $590.0K(32th), sqft - 1306(46th), beds - 2(50th), baths - 2(50th).

Welcome to your dream penthouse in Sherman Oaks! This bright and airy 2-bedroom, 2-bathroom top-floor condominium shares ONE WALL and offers a perfect blend of comfort, space, and convenience all at an incredible value. Step inside to soaring high ceilings, recessed lighting, and a floor-to-ceiling stone fireplace that brings warmth and character to the spacious living room. Enjoy a drink from the wet bar or unwind on your private balcony. The kitchen is perfect for both everyday living and entertaining, featuring a breakfast bar, pantry, and generous cabinet space. The primary suite boasts a large walk-in closet and ample room to create your personal sanctuary. Spacious in-unit laundry room with washer & dryer, central A/C & heat. Secure building with 24-hour surveillance cameras. Fresh paint, new carpet, and tile floors in entry and hallway. Enjoy the beautiful pool, jacuzzi, gym, and 2 tandem parking spots in a covered garage, plus ample guest parking. HOA includes hot & cold water and earthquake insurance for added peace of mind. All of this is located just moments from Westfield Fashion Square, Hazeltine Park, shops, cafes, Chandler Elementary School, and easy freeway access. Don't miss this opportunity to own a penthouse unit in one of the Valley's most desirable neighborhoods. Schedule your private tour today!

Nearby schools

9/10
Kester Avenue Elementary School
Public,•K-5•1.1mi
6/10
Erwin Elementary School
Public,•K-5•1.5mi
6/10
John B. Monlux Elementary School
Public,•K-5•2.0mi
8/10
Lanai Road Elementary School
Public,•K-5•3.2mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.4mi
9/10
Warner Avenue Elementary School
Public,•K-5•6.5mi
2/10
Van Nuys Middle School
Public,•6-8•0.7mi
5/10
James Madison Middle School
Public,•6-8•2.6mi
6/10
Walter Reed Middle School
Public,•6-8•3.2mi
5/10
William Mulholland Middle School
Public,•6-8•4.1mi
3/10
William Mulholland Middle School
Public,•6-8•4.3mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•1.6mi
6/10
Van Nuys Senior High School
Public,•9-12•1.9mi
8/10
North Hollywood Senior High School
Public,•9-12•2.9mi
6/10
University Senior High School
Public,•9-12•8.3mi
6/10
University Senior High School Charter
Public,•9-12•8.3mi

Price History

Date
Event
Price
09/24/25
Price Change
$590,000-4.1%
07/15/25
$615,000
Condition Rating
Fair
The property, built in 1981, is 43 years old. While it benefits from recent cosmetic updates such as fresh paint and new carpet, the kitchen and bathrooms are significantly outdated. The kitchen features older light wood cabinets, tile countertops, and what appear to be original or very old appliances. The bathroom shows dated gold-colored shower frames and small square tiles. These core areas require substantial renovation to meet current quality and style standards. However, the unit is clean, functional, and well-maintained, with no apparent major structural or safety defects, aligning with the 'Fair' condition criteria of being aged but maintained, with major components functional but outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Penthouse Living & Privacy: As a top-floor unit, it offers soaring high ceilings, a private balcony, and shares only one wall, providing enhanced privacy and a premium living experience.
Extensive Building Amenities: Residents benefit from a beautiful pool, jacuzzi, gym, secure building with 24-hour surveillance, and ample guest parking, enhancing lifestyle and convenience.
Modern Comforts & Updates: The unit features central A/C & heat, spacious in-unit laundry, fresh paint, new carpet, and tile floors, making it move-in ready with essential modern conveniences.
Prime Sherman Oaks Location: Strategically located moments from Westfield Fashion Square, Hazeltine Park, various shops, cafes, and offers easy freeway access, appealing to those seeking convenience and urban amenities.
Valuable HOA Inclusions: The HOA fee covers hot & cold water and earthquake insurance, providing significant value and peace of mind for homeowners.

Cons

High Monthly HOA Dues: The association fee of $638.81 per month is a substantial recurring cost that can impact overall affordability and budget.
Tandem Parking Arrangement: While two parking spots are included, their tandem configuration can be inconvenient for daily vehicle access, especially for multi-car households.
Building Age: Built in 1981, the building is over 40 years old, which may lead to potential future maintenance needs or special assessments for common area upgrades, despite recent unit updates.

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