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1518 Magnolia Avenue, Los Angeles, CA 90006
Priced at Only: $3,320,000
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Address: 1518 Magnolia Avenue, Los Angeles, CA 90006
Property Location and Similar Properties
- MLS#: 26666137 ( )
- Street Address: 1518 Magnolia Avenue
- Viewed: 1
- Price: $3,320,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Days On Market: 23
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90006
- Provided by: Compass
- Contact: Or Or

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DescriptionThis 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.
Features
Appliances
- Microwave
- Refrigerator
- Dishwasher
Architectural Style
- Modern
Building Area Total
- 7310.00
Common Walls
- 1 Common Wall
Cooling
- Central Air
Country
- US
Entry Location
- Main Level
Fireplace Features
- Kitchen
- Living Room
- Bath
Flooring
- Tile
- Wood
Garage Spaces
- 4.00
Heating
- Central
Laundry Features
- Washer Included
- Dryer Included
Levels
- Multi/Split
Netoperatingincome
- 193030.00
Parcel Number
- 5056007020
Parking Features
- Garage
- Assigned
- Uncovered
Pool Features
- None
Postalcodeplus4
- 4710
Security Features
- Gated Community
Sourcesystemkey
- 26666137:CLAW
Spa Features
- None
Totalexpenses
- 55190.00
Uncovered Spaces
- 5.00
View
- City Lights
Year Built
- 2024
Year Built Source
- Builder
Zoning
- LARD1.5
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com

































