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1518 Magnolia AvenueLos Angeles, CA 90006

For Sale

$3,495,000

Smart Buyer Rebate $34,950

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.

Listed by Or Brodsky

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License #01960565

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Compass

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310-623-2319

Listed by Michael Telega

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License #01973319

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Compass

Last updated November 19, 2025

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Source: CRMLS #25614437

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms18
  • Days on Prevu8
  • Size7,310 sqft
  • Price per sqft$478

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

11/11/2025
Listed by Compass
$3,495,000

Property Details for 1518 Magnolia Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 5
  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 2024
  • Architectural Style: Modern
  • Common Walls: 1 Common Wall
  • Entry Level: 1

Features

  • Patio And Porch Features: Rooftop
  • View: City Lights

Measurements

  • Building Area Total: 7,310
  • Lot Size Acres: 0.13
  • Lot Size Area: 6,082
  • Lot Size Square Feet: 6,082
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.3
  • Gross Income: $248,220.00

Taxes

  • Parcel Number: 5056007020

Interior

Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Fireplace Features: Bath, Kitchen, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood

Measurements

  • Living Area: 7,310

Rooms

  • Bathrooms Total Integer: 18
  • Bedrooms Total: 18

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 5
  • Parking Features: Assigned, Garage, Uncovered
  • Parking Total: 9

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.