Properties

Los Angeles, CA 90006 1518 Magnolia Avenue

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Presented By: Or Brodsky with Compass;
  • MLS# 26666137
  • 03/17/2026
  • Get pre-approved
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  • Beds • 18
  • Baths • 5
  • SQFT • 7,310
  • Garage • 4

Home Details

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.
Presented By: Or Brodsky with Compass;

Interior Features for 1518 Magnolia Avenue

Bedrooms

Total Bedrooms18

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths18

Other Interior Features

Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesBath, Kitchen, Living Room
Fireplace Y/NYes
FlooringTile, Wood
Heating Y/NYes
Total Stories3

Other Rooms

Entry Level1

General for 1518 Magnolia Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Cap Rate5.81
CityLos Angeles
Community FeaturesGated
CoolingCentral Air
CountyLos Angeles
DirectionsHoover St, North of the 10 FWY, west on Venice Blvd to Magnolia.
Entry LocationMain Level
Full Baths
Garage Spaces4
Garage Y/NYes
Gross Income248220
HOANo
HeatingCentral
LevelsMulti/Split
Living Area7310
Lot Size Square Feet6082
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income193030
New ConstructionYes
Number Of Units Total5
Open Parking Spaces5
Patio/Porch FeaturesRooftop
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesGated Community
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewCity Lights
Year Built2024
Year Built SourceBuilder
ZoningLARD1.5

Exterior for 1518 Magnolia Avenue

Building Area Total7310
Lot Size Acres0.1396
Lot Size Area6082
Number of Buildings2
Parking FeaturesAssigned, Garage, Uncovered
Private PoolNo
SpaNo
Total Parking9

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,320,000
MLS#26666137
List Date 03/17/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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