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    1518 Magnolia Ave Los Angeles, CA 90006

    For Sale
    $3,495,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    7,310 SF
    Lot size:
    0.14 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 9 at 10:06 am

    Property Features for 1518 Magnolia Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LARD1.5
    Rooms
    Bathroom 14, Bedroom 1, Bathroom 5, Bedroom 6, Bedroom 11, Bedroom 9, Bedroom 18, Bathroom 1, Bathroom 8, Bedroom 7, Bathroom 15, Bathroom 17, Bedroom 14, Bathroom 18, Bedroom 15, Bedroom 2, Bathroom 4, Bathroom 9, Bedroom 13, Bathroom 2, Bedroom 4, Bedroom 8, Bathroom 3, Bedroom 17, Bathroom 11, Bathroom 16, Bedroom 5, Bathroom 7, Bedroom 10, Bathroom 6, Bedroom 16, Bedroom 3, Bathroom 10, Bathroom 13, Bedroom 12, Bathroom 12
    Bedrooms
    18
    Bathrooms
    18
    APN
    5056-007-020
    Parking
    9
    Parking features
    Garage, Assigned, Covered
    Patio and Porch features
    Deck
    Fireplace
    1
    Size
    7,310 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Floors in Building
    3
    Number of units
    5
    Flooring type
    Laminate, Wood, Mixed, Tile

    Compass

    Listing agent Or Brodsky (310) 230-5478 License #01960565

    Listing date Nov 26, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Multifamily Property in Los Angeles

    This luxury five-unit multifamily property, built in 2024, offers approximately 7,310 square feet of living space. Located in a rapidly growing neighborhood of Los Angeles, the property is not subject to rent control. It 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. Situated on a lot of 0.1396 acres, this property offers investors a turnkey, low-maintenance opportunity with strong income potential. The property is zoned LARD1.5. High-end finishes, thoughtful design, and sustainable features make this a standout addition to any multifamily portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.286074
    Latitude
    34.044705

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    FAQs

    What type of property is this?
    Apartment building - New construction, five-unit multifamily property with modern amenities and strong income potential.
    Where is this apartment building located?
    The property is located at 1518 Magnolia Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: - New construction (2024) luxury five-unit multi-family property in a rapidly growing Los Angeles neighborhood.; - High cap rate and strong income potential, offering a turnkey, low-maintenance investment.; - Five spacious, townhome-style residences with 18 bedrooms and 18 bathrooms total.
    (310) 230-5478
    Request Owner's contact information
    1518 Magnolia Ave Los Angeles, CA 90006
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    Los Angeles, CA 90006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1518 Magnolia Ave Los Angeles, CA 90006
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