1518 Magnolia Ave, Los Angeles, CA 90006
1518 Magnolia Ave, Los Angeles, CA 90006
1518 Magnolia Ave, Los Angeles, CA 90006
1518 Magnolia Ave, Los Angeles, CA 90006
1518 Magnolia Ave, Los Angeles, CA 90006
1518 Magnolia Ave, Los Angeles, CA 90006
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$ 3,320,000
Est. payment | /mo

18 Beds

18 Baths

7,310 SqFt


Save
$ 3,320,000
Est. payment | /mo
Save

18 Beds

18 Baths

7,310 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,310 sqft

Price per Sqft $454

MLS Listing ID 26666137

Style Modern

Bedrooms 18

Construction Status New Construction

Year Built 2024

Lot Size 6,082 Sqft

Acres 0.1396

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Wood, Wood Laminate, Tile, Mixed

Fireplaces Type Kitchen, Living Room, Bath

Equipment Built-Ins, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Assigned, Garage, Uncovered

Garage Spaces 9.0

Pool None

View Y/N Yes

View City, City Lights

Building

Story 3

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Compass

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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1518 Magnolia Ave