1518 Magnolia Avenue, Los Angeles, CA 90006
Local realty services provided by:ERA Excel Realty
Listed by: or brodsky, michael telega
Office: compass
MLS#:25614437
Source:CRMLS
Price summary
- Price:$3,495,000
- Price per sq. ft.:$478.11
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 #:25614437
- Added:126 day(s) ago
- Updated:March 05, 2026 at 02:16 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:$3,495,000
- Price per sq. ft.:$478.11
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
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