$3,320,000
1518 Magnolia Avenue, Los Angeles CA 90006
Multi-Family (5 Units)
Property type
78 days
On market
$454
Price per sqft
4 cars
Garage
2024
Year built
6,082 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Or Brodsky DRE #01960565 310-623-2319, Compass, Michael Telega DRE #01973319 310-429-6961, Compass
Listing updated: May 11, 2026 at 07:13pm.
Last checked: Jun 4, 2026 at 08:30am
Source: CRMLS #26666137
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 6 | — | $5,140 | $5,140 | $5,750 | Unfurnished |
| 2 | 5 | 5 | — | $4,995 | $4,995 | $5,250 | Unfurnished |
| 3 | 3 | 3 | — | $3,900 | $3,900 | $4,200 | Unfurnished |
| 4 | 3 | 3 | — | $3,900 | $3,900 | $4,200 | Unfurnished |
| 5 | 2 | 1 | — | $2,750 | $2,750 | $2,900 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Dishwasher: 5
Refrigerator: 5
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
13.4x
List Price / Annual Gross Rent
Cap Rate
5.81%
NOI / List Price
Net Operating Income: $193,030
Interior
Flooring: Tile, Wood
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
Fireplace: Bath, Kitchen, Living Room
Laundry: Dryer Included, Washer Included
Entry Location: Main Level
Exterior
Architectural Style: Modern
Property Attached: Yes
Stories Total: 3
Levels: Multi Split
Common Walls: One Common Wall
Security Features: Gated Community
Pool: None
Spa: None
View: City Lights
Patio and Porch Features: Rooftop
Garage and Parking
Parking: Assigned, Garage, Uncovered
Garage Spaces: 4
Uncovered Spaces: 5
Parking Total: 9
Lot Information
Land Lease: No
Parcel #: 5056007020
Additional Parcels: No
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 1518 Magnolia Avenue, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,656,000
Total Interest
$3,387,582
Total Payment
$6,043,582
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,396
per month
Property History for 1518 Magnolia Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
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