Sherman Oaks Neighborhoods: Magnolia Woods

Sherman Oaks Magnolia Woods is sited between Kester to the east, Sepulveda to the west, Magnolia to the south and Burbank to the north. Magnolia Woods is located close to the 405 freeway which offers great access to both the West Side and the rest of the San Fernando Valley. Once again this is another San Fernando Valley pocket that is fighting mansionization by builders who are buying up the smaller ranch homes built from the 1930's - 1950's and tearing them down to replace them with huge homes. In fact it is rumored that the residents originally created the Magnolia Woods-Sherman Oaks Residents Association to fight mansionization of their beloved neighborhood.

The average price for a home in Magnolia Woods is $914,555 for a 1,956 square foot single family home with 3 bedrooms and 3 baths. The most expensive home sold in the past 6 months was a 6 bedroom, 6 bath home with 3,585 square feet built in 2016 and sold for $1,750,000

The least expensive home was a three bedrooms,two bath, 1,220 square foot house built in 1949. This home was listed at $685,000 and sold for $705,000.

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