1518 Magnolia Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1518 Magnolia Avenue,Los Angeles, CA 90006
$3,320,000
  • 18 Beds
  • 18 Baths
  • 7,310 sq. ft.
  • Multi-family
  • Active
Listed by: or brodsky, michael telega
Office: compass310-230-5478
MLS#:26666137
Source:CRMLS

Price summary

  • Price:$3,320,000
  • Price per sq. ft.:$454.17

About this home

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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Home facts

  • Year built:2024
  • Listing ID #:26666137
  • Added:101 day(s) ago
  • Updated:June 29, 2026 at 01:44 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:18
  • Flooring:Tile, Wood
  • Kitchen Description:Dishwasher, Microwave, Refrigerator, Washer
  • Living area:7,310 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Building area:7,310 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Modern
  • Exterior Features:Rooftop
  • Levels:Multi Split

Finances and disclosures

  • Price:$3,320,000
  • Price per sq. ft.:$454.17

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gated Community

Parking

  • Total parking spaces:9
  • Parking description:Assigned, Garage, Uncovered
  • Garage:Yes
  • Garage spaces:4
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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