1518 Magnolia Ave

Los Angeles, CA 90006
  • $3,495,000

    Price
  • 18

    Bed
  • 15

    Bath
  • 7,310

    SqFt

About the Listing CLW-X81461 - CLW-C119046,CLW-C122031

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.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® 25614437
Year Built 2024
Total Square Footage 7,310
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 18
  • Bathrooms: 15 Full
  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces: Bath,Kitchen,Living Room
  • Floor: Tile,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 9
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Assigned,Garage,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5056007020
  • Tax Year: N/A

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Questions About..

1518 Magnolia Ave Los Angeles, CA 90006

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Originating MLS: CRMLS

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