1518 Magnolia Avenue, Los Angeles, CA 90006
1518 Magnolia Avenue, Los Angeles, CA 90006
1518 Magnolia Avenue, Los Angeles, CA 90006
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Pamela Oettel

Pamela Oettel

+1(510) 703-8636
$3,320,000
Est. payment /mo
7,310 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,310 sqft

Price per Sqft $454

MLS Listing ID CL26666137

HOA Y/N No

Year Built 2024

Lot Size 6,082 Sqft

Acres 0.1396

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Other

Cooling Central Air

Flooring Tile, Wood

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Exterior

View Y/N true

View City Lights

Building

New Construction No

Others

Tax ID 5056007020

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Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Or Brodsky • Compass

NEARBY SCHOOL & BUSINESS

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