1518 Magnolia Avenue
Los Angeles, CA 90006
18
Bed
0
Bath
7,310Sqft
6,082Sqft(Lot)
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 turn
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 18Bathroom Information
Total Baths: 18 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer Fireplace: Bath,Kitchen,Living Room Flooring: Tile,Wood -
Cooling Features
Central Air Air ConditioningHeating Source
Central Has HeatingFireplace
Fireplace Features: Bath,Kitchen,Living Room Has Fireplace: 1
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Building Information
Year Built: 2024 Building Area Total: 7,310 -
Security Features
Gated Community -
Pool Features
NonePatio And Porch
Rooftop
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1396 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6082
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Listing Price Information
Original List Price: 3,320,000 Listing Contract Date: 2026-03-17 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5056007020
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Garage and Parking
Garage Description: Assigned,Garage,UncoveredHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 4710 Directions: Hoover St, North of the 10 FWY, west on Venice Blvd to Magnolia. Zoning: LARD1.5 Source Property Type: Residential Income Area: C16 - Mid Los Angeles -
Building and Construction
Property Age: 2 Common Walls: 1 Common Wall Year Built Source: Builder Total Square Feet Living: 7310 Entry Level: 1 Entry Location: Main Level Property Attached: Yes Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $975,000 | 4 | 1 | 2,110 | 2,110 SqFt |
| 2694 James M Wood Boule.., Los Angeles, CA, 90006 | $1,795,000 | 3 | -- | 3,399 | 3,399 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,400,000 | -- | -- | 5,040 | 5,040 SqFt |
| 1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 | $849,900 | 6 | -- | 2,804 | 2,804 SqFt |
| 1333 Arapahoe Street, Los Angeles, CA, 90006 | $995,000 | 5 | 3 | 2,626 | 2,626 SqFt |
| 1415 Arapahoe Street, Los Angeles, CA, 90006 | $1,600,000 | 6 | 4 | 3,641 | 3,641 SqFt |
| 1118 Elden Avenue, Los Angeles, CA, 90006 | $1,995,000 | 8 | -- | 4,890 | 4,890 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 09:25
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