Date
Details
Price
Change
Source
11/11/2025
Listed
$3,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$3,495,000
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1/19
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.
Full Property Details
Full Property Details for 1518 Magnolia Ave
General
- Price: $3,495,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25614437
- Updated: 11/13/2025
- Added to Site: 68 day(s) ago
Interior
- Flooring: Wood, Wood Laminate, Tile, Mixed
Rooms
Bathrooms
- Total Bathrooms: 18
Bedrooms
- Total Bedrooms: 18
Other Rooms
- Laundry: In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated
- Other Features: None
Exterior
- Deck/Patio: Roof Top Deck, Balcony
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Assigned, Garage, Uncovered
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: Hoover St, North of the 10 FWY, west on Venice Blvd to Magnolia.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 2
- Architectural Style: Modern
- Common Walls: Attached
- Entry Floor Number: 1
- Stories/Levels: 3
- Square Feet: 7,310
- Sq. Ft. Source: Owner
- Year Built: 2024
- Year Built Source: Builder
- Property Condition: New Construction
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 5.5
- Bedrooms: 5
Unit 2
- Total Bathrooms: 5
- Bedrooms: 5
Unit 3
- Total Bathrooms: 2.5
- Bedrooms: 3
Unit 4
- Total Bathrooms: 2.5
- Bedrooms: 3
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, City Lights
- Lot Size (Acres): 0.1396
- Lot Size: 6082
- Lot Size Source: Vendor Enhanced
- Alley: Yes
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $478.11
- Assessment Year: 2024
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5056-007-020
Listed by Compass, Or Brodsky and Compass, Michael Telega
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Listing agents
— 1518 Magnolia Ave —
Or Brodsky
Compass
Michael Telega
Compass
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1518 Magnolia Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Magnolia Avenue Elementary School 1626 S. Orchard Ave., Los Angeles, CA 90006 | PK-5 | 0.1 mi |
Berendo Middle School 1157 South Berendo Street, Los Angeles, CA 90006 | 6-8 | 0.6 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1518 Magnolia Ave
Tax History
Tax History for 1518 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,021
41%
$1,326,000
44%
2023
$11,389
5%
$918,000
—
2022
$10,867
251%
$918,000
294%
2021
$3,100
-1%
$233,198
1%
2020
$3,127
4%
$230,808
2%
2019
$3,014
4%
$226,284
2%
2018
$2,911
2%
$221,848
2%
2017
$2,853
3%
$217,499
2%
2016
$2,770
1%
$213,235
2%
2015
$2,732
-1%
$210,033
2%
2014
$2,756
—
$205,920
—
2013
$2,751
—
$204,990
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1518 Magnolia Ave
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- Single Family
- Active
- Updated 13 hours ago
- 6Beds
- 5Total Baths
- 4,179Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 2Total Baths
- 1,635Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 6Beds
- 3Total Baths
- 2,166Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 10Beds
- 6Total Baths
- 3,769Sq. Ft.
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1518 Magnolia Ave, Los Angeles, CA 90006 (MLS# 25614437) is a Multi-Family property with units containing 18 bedrooms and 0 full bathrooms. 1518 Magnolia Ave is currently listed for $3,495,000 and was received on November 11, 2025. Want to learn more about 1518 Magnolia Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.