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1518 Magnolia Avenue

Los Angeles (City), CA 90006
  • $3,495,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 25614437
UPDATED: 65 min ago
$3,495,000
  • 18
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,310
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:

School Ratings & Info

Listing Agent(s): Or Brodsky of Compass (310-230-5478) and Michael Telega of Compass(310-230-5478)


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 California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169825355
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1518 Magnolia Avenue Los Angeles (City), CA 90006

  • Price: $3,495,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 65 min ago
  • ID#: 25614437
18
Beds
0
Baths
0
½ Baths
0.14
Acres
7,310
SQFT
$478
$/SQFT
2024
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - 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

Architectural Style Modern Entry Level 1 Open Parking Spaces 5 Parking Features AssignedGarageUncovered Parking Total 9 Patio And Porch Features Rooftop Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances DishwasherMicrowaveRefrigeratorDryerWasher Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features BathKitchenLiving Room Fireplace YN Yes Flooring TileWood Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 5.3 Community Features Gated Garage YN Yes Gross Income 248220 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 185194 New Construction YN Yes Rent Control YN No Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Or Brodsky of Compass (310-230-5478) and Michael Telega of Compass(310-230-5478)