1518 Magnolia Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
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:91 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • 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

Finances and disclosures

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

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:9
  • Parking description:Assigned, Garage, Uncovered
  • Garage:Yes
  • Garage spaces:4
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