Los Angeles, CA 90006,1518 Magnolia AVE
Los Angeles, CA 90006,1518 Magnolia AVE
Los Angeles, CA 90006,1518 Magnolia AVE
19
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$3,495,000
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18 Beds
18 Baths
7,310 SqFt
New

1518 Magnolia AVE Los Angeles, CA 90006

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,310 sqft

Price per Sqft $478

MLS Listing ID 25614437

Bedrooms 18

HOA Y/N No

Year Built 2024

Lot Size 6,080 Sqft

Property Description

This 2024-built, NON-RENT-CONTROLLED luxury five-unit multi-family property offers approximately 7,310 square feet of living space. 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

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Bath, Kitchen, Living Room

Fireplace Yes

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Garage, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Porch Rooftop

Total Parking Spaces 9

Private Pool No

Building

Story 3

Entry Level Multi/Split

Architectural Style Modern

Level or Stories Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 5056007020

Security Features Gated Community

Special Listing Condition Standard


CRMLS – RECore
Listed by Or Brodsky Compass

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Tim Ditzel

Tim Ditzel

Agent | License ID: 02157045

+1(619) 540-2500

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1518 Magnolia AVE