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$--
2beds
2baths
1,970sqft
6,080sqft lot
1518 Magnolia Ave, Los Angeles, CA 90006
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
1970
2
2
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6080
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,014
$201,035
$29,773
--%
$230,808
2019
$3,014
$197,094
$29,190
--%
$226,284
2018
$2,911
$193,230
$28,618
--%
$221,848
2017
$2,853
$189,442
$28,057
--%
$217,499
2016
$2,770
$185,728
$27,507
--%
$213,235
2014
$2,756
$179,356
$26,564
--%
$205,920
2013
$2,750
$178,546
$26,444
--%
$204,990
2012
$2,709
$175,046
$25,926
--%
$200,972
Average Home Price in 90006
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$--
2 Beds
2 Baths
1,746 Sqft
4,500 Lot (sqft)
Sold 09/23/2026
$--
2 Beds
2 Baths
1,970 Sqft
6,080 Lot (sqft)
Sold 10/05/2026
$734,999
3 Beds
3 Baths
1,900 Sqft
4,759 Lot (sqft)
Sold 09/29/2026
$1,113,300
$1,113,300
4 Beds
4 Baths
2,147 Sqft
6,613 Lot (sqft)
Sold 09/29/2026
$1,450,000
$1,450,000
4 Beds
3 Baths
1,984 Sqft
4,607 Lot (sqft)
Sold 10/06/2026
$850,000
3 Beds
3 Baths
2,130 Sqft
6,144 Lot (sqft)
Sold 10/05/2026
$1,220,000
$1,220,000
4 Beds
3 Baths
1,981 Sqft
6,285 Lot (sqft)
Sold 10/05/2026
$--
3 Beds
3 Baths
2,232 Sqft
7,017 Lot (sqft)
Sold 10/05/2026
$950,000
$950,000
4 Beds
3 Baths
2,128 Sqft
7,301 Lot (sqft)
Sold 09/29/2026
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Details for 1518 MAGNOLIA AVE
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





