14744 Magnolia Boulevard
Sherman Oaks (los Angeles), CA 91403
Map
- – beds
- – baths
- 6,503 sqft
- 6,503 sqft lot
- $338 per sqft
- – on site
The LAAA Team of Marcus & Millichap is pleased to present 14744 Magnolia Boulevard, a rare 100% affordable housing development opportunity located in the heart of Sherman Oaks. This six-story, 50-unit residential project is designed under Los Angeles' Executive Directive No. 1 (ED1), which allows for increased density, greater height, and zero parking requirementsstreamlining approvals and enhancing overall project feasibility.Approximately 80% of the units will serve low-income households (Schedule 9), with the remaining 20% reserved for moderate-income tenants (Schedule 6). The property is also eligible for Tier 7 Section 8 rents, offering strong rent potential in a high-demand area. Additional features include rooftop open space, a fully sprinklered building design, and solar-ready infrastructure. This is one of the best-located ED1 projects in all of Los Angeles, offering unmatched walkability and connectivity in a premium infill setting.Situated in the highly sought-after Sherman Oaks rental submarket, the project benefits from proximity to major employment centers, high-end retail, and desirable residential neighborhoods. With average one-bedroom rents exceeding $2,400 and a significant lack of affordable housing, this development presents long-term value and stability for
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 14, 2025
•
MLS# CL25551425 —
This property is listed in more than one place. See it here.
The Building
-
Building Area Units:Square Feet
Room Dimensions
-
Living Area:6503
-
Living Area Units:Square Feet
Location
-
Directions:North-East
The Property
-
Property Type:Land
-
Property Subtype:Unimproved Land
-
Parcel Number:2263037004
-
Zoning:LAR3
-
Lot Size Area:0.15
-
Lot Size Acres:0.15
-
Lot Size SqFt:6503
-
Lot Size Units:Acres
-
View:None
-
View:false
Listing Agent
- Contact info:
- Agent phone:
- (818) 212-2763
The Community
-
Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/12/25
Jun 12, 2025
|
Listed / Active | BRIDGE | $2,200,000 | 311.2% (29.1% / YR) |
|
10/3/14
Oct 3, 2014
|
CRMLS_CA | $535,000 | 96.7% (63.1% / YR) | |
|
3/22/13
Mar 22, 2013
|
CRMLS_CA | $272,000 |
