Terraces at the Summit Apartments

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14556 Magnolia Blvd, Sherman Oaks, CA 91403
(916) 619-0652
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Terraces at the Summit

14556 Magnolia Blvd
Sherman Oaks, CA 91403
(916) 619-0652
Terraces at the Summit in Sherman Oaks, CA - Building Photo
  • Studio–1 Bedrooms
  • $1,850–$1,975Rent Pricing
  • 575–770Square Feet

Rent Specials

MOVE IN SPECIALS -$1000 move-in specials (Second Month)~~$1000 move-in specials (Second Month). *Selected Units only. -CALL FOR DETAILS

Ask Us About Our Specials

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 located in the 91403 Zip code of Sherman Oaks, CA. This community is professionally managed by FPI Management

Property Contact Info

Floorplan Pricing and Availability

Terraces at the Summit offers Studio to 1 Bedroom apartments starting from $1,850 and having 575–770 sq ft. Here is the current pricing and availability:

  • Studio

    $1,850

    0x1AC

    Studio, 1 Bath, 575 sq ftAvailable May 8

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,850 May 8, 2025305575

    Unit 305 Amenities and Features

    Unique Features

    • Leasing Special Studio $1850

    Unit 305 Rent and Fees

    Price

    • $1,850

    Model Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,850

    0x1AR1

    Studio, 1 Bath, 575 sq ft 

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,100Unavailable0x1AR1575 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Price

    • $2,100

    Deposit

    • $500 deposit
    Show Unavailable Floorplans
  • 1 Bedroom

    $1,975

    1x1AR1

    1 Bed, 1 Bath, 770 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,975Available Now113770

    Unit 113 Amenities and Features

    Unique Features

    • Leasing Special 1

    Unit 113 Rent and Fees

    Price

    • $1,975

    Model Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,975

    $1,975

    1x1AC

    1 Bed, 1 Bath, 770 sq ftAvailable May 8

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,975 May 8, 2025216770

    Unit 216 Amenities and Features

    Unique Features

    • Leasing Special 1

    Unit 216 Rent and Fees

    Price

    • $1,975

    Model Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,975

    1x1BR1

    1 Bed, 1 Bath, 770 sq ft 

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,375Unavailable1x1BR1770 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Price

    • $2,375

    Deposit

    • $500 deposit

    1x1BC

    1 Bed, 1 Bath, 770 sq ft 

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,375Unavailable1x1BC770 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Price

    • $2,375

    Deposit

    • $500 deposit
    Show Unavailable Floorplans
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (916) 619-0652 to schedule a tour.

Property Information

  • 50 Units
  • 3 Stories
  • Built in 1962

Lease Terms

  • 12 Months
  • Short Term Lease Options

Parking Fees & Info

Parking Covered Lot

  • Covered Lot

Storage Fees & Info

Storage Unit

  • $100/MO
  • On site, indoor storage closets (approximately 50 SF)available for additional monthly fee

Fee & Deposit Info

One-Time Fees

  • $62 Application Fee

3D Tours

Features and Amenities

Community Features

  • Lounge

Outdoor Features

  • Courtyard
  • Gated

Recreation and Fitness

  • Basketball Court
  • Walking/Biking Trails
  • Pool

Interior Features

  • Windows

Parking Street

  • Street
Google Map

Map

14556 Magnolia Blvd, Sherman Oaks, CA 91403

Hours and Contact Info

Monday8:00 am–5:00 pm
Tuesday8:00 am–5:00 pm
Wednesday8:00 am–5:00 pm
Thursday8:00 am–5:00 pm
Friday8:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

51 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Terraces at the Summit

Where is Terraces at the Summit located?

Terraces at the Summit is located at 14556 Magnolia Blvd, Sherman Oaks, CA

What is the current rent range at Terraces at the Summit?

Studio to 1 Bedroom Apartments at Terraces at the Summit currently range from $1,850 to $1,975

When is the leasing office open?

  • The office Hours for Terraces at the Summit are
  • Monday 8:00 am–5:00 pm
  • Tuesday 8:00 am–5:00 pm
  • Wednesday 8:00 am–5:00 pm
  • Thursday 8:00 am–5:00 pm
  • Friday 8:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Terraces at the Summit is: MOVE IN SPECIALS -$1000 move-in specials (Second Month)~~$1000 move-in specials (Second Month). *Selected Units only. -CALL FOR DETAILS.

Lifestyle Ratings

  • Affordability Good Value3.6

    The Terraces at the Summit Apartments are 6.45% cheaper than the average apartment city-wide.

    Rent Comparison to the city of Sherman Oaks

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,850$1,851-$1-0.1%
    1 Bedroom$1,975$2,266-$291-12.8%

    Methodology: On 04/14/2025, ApartmentHomeLiving.com compared current rents by floorplan to 2466 other apartment communities in Sherman Oaks using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 04/14/2025

  • Active Lifestyle 3.2

    From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

    Rating Factors

    This 3.2-star Active Lifestyle rating is based on the following features:

    • Walking/Biking Trails
    • Basketball Court(s)
    • Swimming Pool(s)
Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Van Nuys Middle

Los Angeles Unified
5435 Vesper Ave.
Public School - Grades 6-8 (869 Students)
In Attendance Zone1 minute drive / 0.3 miles away
4/10

Van Nuys Senior High

Los Angeles Unified
6535 Cedros Avenue
Public School - Grades 9-12 (2323 Students)
In Attendance Zone5 minute drive / 1.7 miles away
6/10

Kester Avenue Elementary

Los Angeles Unified
5353 Kester Ave.
Public School - Grades K-5 (836 Students)
In Attendance Zone1 minute drive / 0.5 miles away
9/10
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Terraces at the Summit.

Arts Museums and Landmarks

1200 Getty Center Drive
11 minute drive / 5.16 miles away
2301 North Highland Avenue
15 minute drive / 7.33 miles away
6925 Hollywood Boulevard
15 minute drive / 7.44 miles away

Big Box and Retail

Macy's
14000 Riverside Dr
2 minute drive / 0.87 miles away
Walgreens
13231 Victory Blvd
5 minute drive / 2.48 miles away
Target
14920 Raymer St
7 minute drive / 3.68 miles away

Colleges and Universities

5800 Fulton Avenue
4 minute drive / 2.03 miles away
12001 Chalon Rd
11 minute drive / 5.46 miles away
405 Hilgard Ave
13 minute drive / 6.39 miles away

Groceries

Ralphs
14430-14440 Burbank Blvd
2 minute drive / 0.8 miles away
Whole Foods
12905 Riverside Dr
4 minute drive / 2.06 miles away
Smart & Final
4920-4930 Balboa Blvd
6 minute drive / 2.9 miles away

Hospitals

4929 Van Nuys Blvd
1 minute drive / 0.07 miles away
16237 Ventura Blvd
4 minute drive / 2.12 miles away
15107 Vanowen St
5 minute drive / 2.46 miles away

Parks and Recreation

North Santa Monica & Wilshire Boulevard
14 minute drive / 6.83 miles away
3200 Canyon Dr
17 minute drive / 8.13 miles away
5801 Wilshire Blvd
18 minute drive / 8.66 miles away

Terraces at the Summit has 5 parks within 13.7 miles, including Beverly Gardens Park, Bronson Canyon, La Brea Tarpits, Barnsdall Art Park, and Exposition Rose Garden.

Restaurants and Dining

9630 S. Santa Monica Boulevard
14 minute drive / 6.75 miles away
6254 Wilshire Blvd
17 minute drive / 8.28 miles away
3280 Helms Avenue
20 minute drive / 9.74 miles away

Shopping Centers

4846 Van Nuys Blvd
1 minute drive / 0.12 miles away
4500-4550 Van Nuys Blvd
1 minute drive / 0.45 miles away
Van Nuys Blvd
1 minute drive / 0.54 miles away

Terraces at the Summit has 5 shopping centers within 0.6 miles.

Transit Stations

12 minute drive / 6.01 miles away
17 minute drive / 7.96 miles away
17 minute drive / 7.96 miles away

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $850
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Studio to 6 Bedroom Apartments from $850
View Rentals
Studio to 6 Bedroom Apartments from $850
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Sherman Oaks Studio Apartments $1,851$850$3,863
Sherman Oaks 1 Bedroom Apartments $2,266$1,257$4,435
Sherman Oaks 2 Bedroom Apartments $2,906$2,010$5,055
Sherman Oaks 3 Bedroom Apartments $3,685$2,350$8,400
Sherman Oaks 4 Bedroom Apartments $4,122$3,950$4,295

Browse Top Apartments in Sherman Oaks

By Price

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Viewing: Terraces at the Summit | Desktop Version | Listing Updated: 04/14/2025 | AHLPLA