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.
Features
18 bedrooms
18 bathrooms
directions_car9 carspaces
5 open car spaces
directions_car4 garage spaces
7310 sq. ft. floor area
crop_free6082 sq. ft. lot size
cottageOther
Property history for 1518 Magnolia Avenue
2024
Rented
Undisclosed
31 May 2024 by Keller Williams Hollywood Hills
2021
Sold
$900,000
12 May 2021 by Charles Picker, of I.X.A.
Happy sellers in Los Angeles
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Local market activity for 18 bedroom other properties in Los Angeles
Sold
For Sale
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