Modern

1518 Magnolia Avenue

Los Angeles , CA 90006

MLS#: 25614437

$3,495,000

Status: Active
Listing number: 25614437
Listing provided by: Compass
Listing agent phone: None
Last update: 7 hours ago
New on site 2 days ago
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Property

Beds

18

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

7,310

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.

Features & Amenities

Interior

  • Total Bedrooms

    18

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Parking

    Assigned, Garage

  • Pool

    Yes

  • Pool Features

    None

  • View

    City Lights

Area & Lot

  • Lot Size(acres)

    0.1396

  • Property Type

    Residential Income

  • Architectural Style

    Modern

Price

  • Sales Price

    $3,495,000

  • Sq. Footage

    7, 310

  • Price/SqFt

    $478

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

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Los Angeles

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Listing Courtesy of Or Brodsky , Compass

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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.

1518 Magnolia Avenue

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