ActiveTownhouse

15215 Magnolia Boulevard 102

Sherman Oaks, CA, 91403

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$540,000

MLS: SR25221949

Beds

2

Baths

2

Sq Ft

1,127

Lot

1.89 ac

Year Built

1979

MLS #

SR25221949

Days on Market

199

Listed

Sep 20, 2025

Description

**New Price!** Desirable and unique Oak Point pet friendly community. Two bedrooms, with one full and one-half bath, plus a private master vanity dressing area. Brand New washer/dryer set IN UNIT. Tastefully remodeled throughout with high quality materials, including recessed lighting, a kitchen with custom cabinetry featuring quiet close hinges and drawers, granite counters with tile backsplash, stainless steel appliances, microwave hood and tile flooring. Fully remodeled powder room, bath vanities with granite counters, raised panel doors. Laminate flooring and hardwoods, with extra high base moldings. Other features include; loads of bedroom closet space with custom improvements as well as two first floor guest closets, gas fireplace, direct access to subterranean garage parking and storage locker, private north facing balcony, windows with new custom shutters and sky lighted staircase. Community features include; pristine park-like grounds, multiple tennis courts, multiple pool and spas, sauna, and recreation room. Additionally, the HOA is earthquake insured. Lastly the property is conveniently located near the intersection of the 101 and 405 freeways, close to shopping, dining and entertainment centers.

Location

Sherman Oaks, Los Angeles County, CA 91403

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Listed by: Mickey Cohen · Beverly and Company, Inc.

Payment estimate

$4,051

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $54,000 · Loan: $486,000

%
Principal & Interest
$2,986
Property tax (1.25%)
$563
Homeowners insurance
$300
Mortgage insurance
$203
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Sherman Oaks home with as little as 3.5% down using an FHA loan — roughly $18,900 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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