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About This Home
This 18-bedroom, 18-bathroom residential multi family at 1518 Magnolia Ave in Los Angeles, CA is listed for $3,320,000 ($454 per sqft). Built in 2024, the home offers 7,310 sqft of living space on a 0.14 acres 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 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.
Key Features
- Built in 2024
- 0.14 acre lot
- 3 stories
- 9 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$17,756/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1518 Magnolia Ave
Los Angeles, CA 90006
Property Details
Flooring
Views
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 18-bedroom, 18-bathroom residential multi family at 1518 Magnolia Ave is listed at $3,320,000 ($454/sqft). The estimated monthly payment is $14,387 based on 20% down at 6.5% interest.
Key features include: Built in 2024, 0.14 acre lot, 3 stories, 9 parking spaces, Fireplace.
This property is listed by Or Brodsky and can be reached at 3106232319 or or@orbrodskygroup.com.