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.
AGENT: Or Brodsky LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1518 Magnolia AV
Los Angeles, CA
Property Details
Price:
$3,320,000
MLS #:
26666137
Status:
Active
Beds:
18
Baths:
18
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Mar 19, 2026
Finished Sq Ft:
7,310
Total Sq Ft:
7,310
Lot Size:
6,082 sqft / 0.14 acres (approx)
Year Built:
2024
ModernNewconstructionCommunity GatedC16 – Mid Los AngelesC16midlosangelesCity Lights
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Schools
Interior
Appliances
DW, MW, RF
Cooling
CA
Flooring
TILE, WOOD
Heating
CF
Laundry Features
DINC, WINC
Levels
S
Exterior
Architectural Style
MOD
Common Walls
_1CW
Garage Spaces
4
New Construction YN
1
Parking Spots
9
Parking Total
9
Patio And Porch Features
RT
Security Features
GC
Spa Features
NO
View
CI
Financial
Gross Operating Income
$248,220
Net Operating Income
$193,030
Map
Community
- Address1518 Magnolia AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
