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1518 Magnolia Ave

Los Angeles, CA 90006
  • $3,495,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 25614437
UPDATED: 18 min ago
$3,495,000
  • 18
    BEDS
  • 0.14
    ACRES
  • 18
    BATHS
  • 0
    1/2 BATHS
  • 7,310
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:

School Ratings & Info

Description

This 2024-built, NON-RENT-CONTROLLED luxury five-unit multi-family property offers approximately 7,310 square feet of living space and a high cap rate in one of L.A.'s fastest-growing neighborhoods. The collection features 18 bedrooms and 18 bathrooms across five spacious, townhome-style residences, each designed with modern living and long-term durability in mind. Every unit includes in-unit laundry, stainless steel appliances, and open-concept layouts that emphasize natural light and functionality. Residents enjoy two parking spaces per unit, and all utilities are separately metered. The property also incorporates solar energy systems, providing added efficiency and reduced operational costs. Located in a rapidly growing pocket of Los Angeles, this offering provides investors with a turnkey, low-maintenance opportunity with strong income potential. High-end finishes, thoughtful design, and sustainable features make this a standout addition to any multifamily portfolio.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-12-11T11:42:49.597. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/169823928
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1518 Magnolia Ave Los Angeles, CA 90006

  • Price: $3,495,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 18 min ago
  • MLS #: 25614437
18
Beds
18
Baths
0
½ Baths
0.14
Acres
7,310
SQFT
$478
$/SQFT
2024
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
This 2024-built, NON-RENT-CONTROLLED luxury five-unit multi-family property offers approximately 7,310 square feet of living space and a high cap rate in one of L.A.'s fastest-growing neighborhoods. The collection features 18 bedrooms and 18 bathrooms across five spacious, townhome-style residences, each designed with modern living and long-term durability in mind. Every unit includes in-unit laundry, stainless steel appliances, and open-concept layouts that emphasize natural light and functionality. Residents enjoy two parking spaces per unit, and all utilities are separately metered. The property also incorporates solar energy systems, providing added efficiency and reduced operational costs. Located in a rapidly growing pocket of Los Angeles, this offering provides investors with a turnkey, low-maintenance opportunity with strong income potential. High-end finishes, thoughtful design, and sustainable features make this a standout addition to any multifamily portfolio.
Exterior Features

Levels Multi/Split Lot Size Area 6082 Other Structures None Parking Garage AssignedGarageUncovered Patio Features Roof Top DeckBalcony Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Style Modern Total Parking 9 View Description CityCity Lights View YN Yes

Interior Features

Common Walls Attached Cooling Central Equipment Built-InsDishwasherDryerMicrowaveRange/OvenRefrigeratorWasher Fireplace Rooms KitchenLiving RoomBath Flooring WoodWood LaminateTileMixed Heating Central Laundry In Unit

Property Features

Alley YN Yes Assessed Total Value 936360 Disclosures None Entry Floor Number 1 Gross Income 248220 Gross Operating Income 248220 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Net Operating Income 185194.00 Number Of Buildings 2 Number Of Units 5 Property Condition New Construction Rent Control YN No Sale Type Standard Security Features Gated Source Living Area Owner Source Lot Size Area Vendor Enhanced Total Annual Expense 55280 Type Of Units 5 units Year Built Source Builder Zoning LARD1.5

Listing provided courtesy of Or Brodsky DRE#01960565 of Compass: 310-230-5478.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-12-11T11:42:49.597. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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