$3,320,000
1518 Magnolia Avenue
Los Angeles, CA 90006
18
Beds
18
Baths
7,310
Sq. Ft.
2024
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
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.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$17,670/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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