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- 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
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:
New! Interactive Property Map
Studio
Show Unavailable Floorplans$1,850
0x1AC
Studio, 1 Bath, 575 sq ftAvailable May 8Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,850 May 8, 2025 305 575 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
Apartment Model: 0x1AC$1,850Studio, 1 Bath, 575 sq ftAvailable May 8, 20250x1AC - Floorplan 1 Apartment Unit: 305Apartment Model: 0x1AC$1,850Studio, 1 Bath, 575 sq ftAvailable May 8, 20250x1AR1
Studio, 1 Bath, 575 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $2,100 Unavailable 0x1AR1 575 sq ft $500 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Price
- $2,100
Deposit
- $500 deposit
Apartment Model: 0x1AR1$2,100Studio, 1 Bath, 575 sq ftUnavailable0x1AR1 - Floorplan 1 1 Bedroom
Show Unavailable Floorplans$1,975
1x1AR1
1 Bed, 1 Bath, 770 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,975 Available Now 113 770 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
Apartment Model: 1x1AR1$1,9751 Bedroom, 1 Bath, 770 sq ftAvailable Now1x1AR1 - Floorplan 1 Apartment Unit: 113Apartment Model: 1x1AR1$1,9751 Bedroom, 1 Bath, 770 sq ftAvailable Now$1,975
1x1AC
1 Bed, 1 Bath, 770 sq ftAvailable May 8Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,975 May 8, 2025 216 770 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
Apartment Model: 1x1AC$1,9751 Bedroom, 1 Bath, 770 sq ftAvailable May 8, 20251x1AC - Floorplan 1 Apartment Unit: 216Apartment Model: 1x1AC$1,9751 Bedroom, 1 Bath, 770 sq ftAvailable May 8, 20251x1BR1
1 Bed, 1 Bath, 770 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $2,375 Unavailable 1x1BR1 770 sq ft $500 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Price
- $2,375
Deposit
- $500 deposit
Apartment Model: 1x1BR1$2,3751 Bedroom, 1 Bath, 770 sq ftUnavailable1x1BR1 - Floorplan 1 1x1BC
1 Bed, 1 Bath, 770 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $2,375 Unavailable 1x1BC 770 sq ft $500 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Price
- $2,375
Deposit
- $500 deposit
Apartment Model: 1x1BC$2,3751 Bedroom, 1 Bath, 770 sq ftUnavailable1x1BC - Floorplan 1
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

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Hours and Contact Info
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 |
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
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.
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
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Van Nuys Middle
Van Nuys Senior High
Kester Avenue Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Terraces at the Summit.
Arts Museums and Landmarks
Big Box and Retail
Colleges and Universities
Groceries
Hospitals
Parks and Recreation
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
Shopping Centers
Terraces at the Summit has 5 shopping centers within 0.6 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
Bedroom | Average Rent | Cheapest Rent | Highest 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 |
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