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- 1 Bedroom Bedrooms
- $1,925–$1,975Rent Pricing
- 770Square Feet
Rent Specials
$500 OFF MOVE IN SPECIAL - Selected Units - Call for details.~~RATES JUST REDUCED!! $500 move-in specials *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 1 Bedroom apartments starting from $1,925 and having 770 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
From $1,925
1x1AR1
1 Bed, 1 Bath, 770 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,925 Available Now 306 770 $1,925 Available Now 109 770 $1,975 Available Now 311 770 Model Amenities and Features
Features
- Air Conditioning
- Windows
Kitchen
- Dishwasher
- Disposal
- Quartz Countertops
Model Rent and Fees
Price Range
- $1,925 - $1,975
Rent Pricing
- $1,925 - $1,975
Deposit
- $500 deposit
Unit 306 Rent and Fees
Price
- $1,925
Model Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,925 - $1,975
Unit 109 Amenities and Features
Unique Features
- Leasing Special 2
Unit 109 Rent and Fees
Price
- $1,925
Model Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,925 - $1,975
Unit 311 Amenities and Features
Unique Features
- Leasing Special 1
Unit 311 Rent and Fees
Price
- $1,975
Model Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,925 - $1,975
Apartment Model: 1x1AR1From $1,9251 Bedroom, 1 Bath, 770 sq ftAvailable Now1x1AR1 - Floorplan 1 Apartment Unit: 306Apartment Model: 1x1AR1$1,9251 Bedroom, 1 Bath, 770 sq ftAvailable NowApartment Unit: 109Apartment Model: 1x1AR1$1,9251 Bedroom, 1 Bath, 770 sq ftAvailable NowApartment Unit: 311Apartment Model: 1x1AR1$1,9751 Bedroom, 1 Bath, 770 sq ftAvailable Now
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Property Information
- 50 Units
- 3 Stories
- Built in 1962
Pet Policy
Pet Policy - Cats
- Cats Allowed
Parking Fees & Info
Parking Covered Lot
- 1 Space; Assigned Parking.
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
Unique Amenities
- Leasing Special 1
- Leasing Special 2
On-Site Services
- Laundry Facilities
Community Features
- Lounge
- Elevator
Outdoor Features
- Sundeck
- Courtyard
- Controlled Access
Recreation and Fitness
- Fitness Center
- Basketball Court
- Walking/Biking Trails
- Pool
Interior Features
- Windows
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Disposal
- Quartz Countertops
Living Area Features
- Vinyl Flooring
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?
1 Bedrooms at Terraces at the Summit currently start from $1,925. Call today for more info!
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?
Cats are allowed at Terraces at the Summit. To find out more info the policy regarding pets call us today!
Are there any rent specials?
The current rent special at Terraces at the Summit is: $500 OFF MOVE IN SPECIAL - Selected Units - Call for details.~~RATES JUST REDUCED!! $500 move-in specials *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 | $1,941 | $900 | $3,492 |
Sherman Oaks 1 Bedroom Apartments | $2,254 | $1,516 | $3,934 |
Sherman Oaks 2 Bedroom Apartments | $2,960 | $1,795 | $5,011 |
Sherman Oaks 3 Bedroom Apartments | $3,737 | $2,498 | $6,700 |
Sherman Oaks 4 Bedroom Apartments | $3,897 | $3,200 | $4,395 |
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