1518 Magnolia AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
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
Year Built 2024
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
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Tile,Wood
Fireplaces Type Bath,Kitchen,Living Room
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
Building
Story 3
New Construction Yes
Others
Special Listing Condition Standard
Virtual Tour https://tours.la360vr.com/GieRGKLA77aQX0bqccnS