This 630 square foot, single-story apartment in Los Angeles offers a blend of functionality and style. The space comprises one bedroom, one bathroom, a kitchen, and a living room, connected by a hallway. The primary bedroom, measuring 170 square feet, features built-in closets with ample storage space and a large window allowing natural light to flood in. The living area boasts an open-concept design, with light-colored walls and a textured ceiling creating an airy atmosphere. Modern ceiling fans enhance air circulation and provide ambient lighting. The flooring throughout is a durable, wood-like material that adds warmth to the space. The kitchen, while compact, is efficiently designed with white cabinetry, contrasting black hardware, and a sleek countertop. It includes a stylish black faucet and stainless steel sink, perfect for contemporary cooking needs. The bathroom continues the modern aesthetic with a marble-look vanity, framed mirror, and a shower-tub combination enclosed by sliding glass doors. Two windows in the living area offer views of palm trees, hinting at the apartment's desirable Los Angeles location. Overall, this apartment maximizes its 630 square feet through thoughtful design and modern finishes, creating a comfortable and stylish living space in the heart of Los Angeles.
Terraces at the Summit
14556 Magnolia Blvd,
Sherman Oaks,
CA
91403
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Monthly Rent
$1,850 - $2,375
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Bedrooms
Studio - 1 bd
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Bathrooms
1 ba
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Square Feet
575 - 770 sq ft
Welcome home! Enjoy our newly renovated units and a vibrant community setting. Residents can relax in a well-lit courtyard featuring a sparkling swimming pool, lounge chairs, and shaded tables—perfect for unwinding. The beautifully landscaped backyard offers BBQs and shaded seating, creating the ideal outdoor retreat. Our community also includes on-site fitness facilities, convenient laundry rooms, and spacious storage options. Plus, enjoy the security and convenience of gated underground parking, with one assigned space included in rent. Experience comfort, convenience, and modern living—welcome home! Our Sherman Oaks location (14556 Magnolia Blvd. just west of Van Nuys Blvd.) is two minutes away from the 405 and 101 freeways, and the Sherman Oaks Galleria, Regal Theatres, Balboa Park, Sepulveda Dam Recreation Area, Ventura Blvd and much more are a short drive. Sherman Oaks park is a five minute walk away, with tennis/basketball courts, two running paths, multiple baseball diamonds and soccer fields. Please call with questions or to schedule a showing. We are available M-F 9-6 pm by appointment only
Highlights
- English and Spanish Speaking Staff
- Basketball Court
- Pool
- Walking/Biking Trails
- Gated
Pricing & Floor Plans
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Unit 305price $1,850square feet 575availibility Now
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Unit 214price $1,899square feet 770availibility Now
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Unit 213price $2,300square feet 770availibility Now
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Unit 305price $1,850square feet 575availibility Now
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Unit 214price $1,899square feet 770availibility Now
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Unit 213price $2,300square feet 770availibility Now
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantProspective residents are invited to apply online. Charged per applicant.$64.50
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Due at Application
Pet policies are negotiable.
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Storage Unit
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Storage DepositCharged per rentable item.$0
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Storage RentCharged per rentable item.$100 / mo
CommentsOn site, indoor storage closets (approximately 50 SF)available for additional monthly feeRead More Read Less -
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Property Information
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Built in 1962
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50 units/3 stories
Matterport 3D Tour
About Terraces at the Summit
Welcome home! Enjoy our newly renovated units and a vibrant community setting. Residents can relax in a well-lit courtyard featuring a sparkling swimming pool, lounge chairs, and shaded tables—perfect for unwinding. The beautifully landscaped backyard offers BBQs and shaded seating, creating the ideal outdoor retreat. Our community also includes on-site fitness facilities, convenient laundry rooms, and spacious storage options. Plus, enjoy the security and convenience of gated underground parking, with one assigned space included in rent. Experience comfort, convenience, and modern living—welcome home! Our Sherman Oaks location (14556 Magnolia Blvd. just west of Van Nuys Blvd.) is two minutes away from the 405 and 101 freeways, and the Sherman Oaks Galleria, Regal Theatres, Balboa Park, Sepulveda Dam Recreation Area, Ventura Blvd and much more are a short drive. Sherman Oaks park is a five minute walk away, with tennis/basketball courts, two running paths, multiple baseball diamonds and soccer fields. Please call with questions or to schedule a showing. We are available M-F 9-6 pm by appointment only
Terraces at the Summit is an apartment community located in Los Angeles County and the 91403 ZIP Code. This area is served by the Los Angeles Unified Rocp School District attendance zone.
Community Amenities
Pool
Gated
Basketball Court
Lounge
- Lounge
- Pool
- Basketball Court
- Walking/Biking Trails
- Gated
- Courtyard
Sherman Oaks sits in the heart of the San Fernando Valley, offering a grounded, residential feel while staying well-connected to the rest of Los Angeles. The neighborhood traces its roots to the early 20th century, when Gen. Moses Hazeltine Sherman developed the area as part of the Los Angeles Suburban Homes Company. Today, Sherman Oaks balances its historic character with the practicalities of modern city living. Ventura Boulevard runs through its core, lined with established restaurants, coffee shops, and local businesses that have served the community for decades. The nearby 101 and 405 freeways make commuting to major employment centers across the metro relatively straightforward.
The housing mix here leans toward mid-century apartment communities, garden-style buildings, and two-story walkups tucked along tree-lined streets.
Learn more about living in Sherman Oaks- Lounge
- Gated
- Courtyard
- Pool
- Basketball Court
- Walking/Biking Trails
| Monday | 8am - 5pm |
|---|---|
| Tuesday | 8am - 5pm |
| Wednesday | 8am - 5pm |
| Thursday | 8am - 5pm |
| Friday | 8am - 5pm |
| Saturday | Closed |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 6 min | 3.2 mi | |
| Drive: | 10 min | 7.4 mi | |
| Drive: | 16 min | 9.8 mi | |
| Drive: | 21 min | 10.9 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Sherman Oaks include North Hollywood Station, located 4.9 miles from Terraces at the Summit. Terraces at the Summit is near Bob Hope, located 7.7 miles or 13 minutes away, and Los Angeles International, located 19.2 miles or 27 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
|
Drive: | 7 min | 4.9 mi |
|
|
Drive: | 9 min | 6.5 mi |
|
|
Drive: | 13 min | 9.5 mi |
|
|
Drive: | 13 min | 9.7 mi |
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Drive: | 17 min | 12.2 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Drive: | 7 min | 3.7 mi |
|
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Drive: | 13 min | 7.7 mi |
| Drive: | 14 min | 8.6 mi | |
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Drive: | 14 min | 8.6 mi |
|
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Drive: | 17 min | 9.7 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Bob Hope
|
Drive: | 13 min | 7.7 mi |
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Los Angeles International
|
Drive: | 27 min | 19.2 mi |
Time and distance from Terraces at the Summit.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 17 min | 0.9 mi | |
| Walk: | 17 min | 0.9 mi | |
| Drive: | 2 min | 1.1 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
The Japanese Garden
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Drive: | 4 min | 2.6 mi |
|
Sepulveda Basin Wildlife Reserve
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Drive: | 8 min | 3.0 mi |
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Los Encinos State Historic Park
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Drive: | 6 min | 4.0 mi |
|
Lake Balboa
|
Drive: | 8 min | 4.9 mi |
|
Skirball Cultural Center
|
Drive: | 9 min | 5.2 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Walk: | 8 min | 0.5 mi | |
| Drive: | 5 min | 2.7 mi | |
| Drive: | 5 min | 2.9 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 28 min | 21.8 mi |
Terraces at the Summit Photos
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Terraces at the Summit
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1BR, 1BA - 800SF
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Entrance
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Lobby
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Pool
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Fitness Center
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Grill
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Laundry
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Terraces at the Summit does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Contact this property for parking details.
Terraces at the Summit has studios to one-bedroom with rent ranges from $1,850/mo. to $2,375/mo.
Terraces at the Summit does not allow pets, though service animals are always welcome in accordance with applicable laws.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,850 for a studio, you would need to earn about $74,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Terraces at the Summit is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! Terraces at the Summit offers 1 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.