1518 Magnolia Ave
Description
Property Details for 1518 Magnolia Avenue
Property Details for 1518 Magnolia Avenue
| Status | Active |
|---|---|
| MLS # | 25614437 |
| Days on Market | 23 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 0.14 AC / 6,082 SF |
| County | Los Angeles County |
Location
Building Information for 1518 Magnolia Avenue
Payment Calculator
$18,605 per month
30 year fixed, 6.28% Interest
$17,270
$1,335
$0
Property Information for 1518 Magnolia Avenue
- Tax Mello Roos: No
- Number Of Units: 5
- Senior Community: No
- Year Built Source: Builder
- Number Of Stories: 3
- Number Of Buildings: 2
- Type Of Units: 5 units
- View: Yes
- View Description: City, City Lights
- View: City Lights
- Entry Floor Number: 1
- Security Features: Gated
- Property Condition: New Construction
- Disclosures: None
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $248,220
- Net Operating Income: $185,194.00
- Gross Income: $248,220
- Cap Rate: 5.30%
- Gross Rent Multiplier: $14.08
- Actual Annual Gross Rent: $248,220.00
- Total Annual Expense: 55280
- Additional Parcel Number: No
- Alley: Yes
- Paved: Yes
- Lot Acreage: 0.1396
- Lot Size Square Feet: 6082
- Parking Garage: Assigned, Garage, Uncovered
- Total Parking: 9
- Open Other Spaces Total: 5
- Garage Spaces Total: 4
- Parking Features: Assigned, Garage, Uncovered
- Levels: Multi/Split
- Fireplace Features: Kitchen, Living Room, Bath
- Fireplace Rooms: Kitchen, Living Room, Bath
- Cooling: Central
- Cooling Type: Central
- Heating: Central
- Heating Type: Central
- Flooring: Wood, Wood Laminate, Tile, Mixed
- Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Common Walls: Attached
- Laundry: In Unit
- Virtual Tour Url: https://tours.la360vr.com/GieRGKLA77aQX0bqccnS
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Patio Features: Roof Top Deck, Balcony
- New Construction: Yes
- Other Structural Features: Balcony
- Other Structures: None
- Entry Date: 11-11-2025
- Rent Control: No
- Unit Beds: 5
- Unit Baths: 6
- Unit Furnished: No
- Unit Rent: $5,140.00
- Unit Actual Rent: $5,140.00
- Unit Projected Rent: $5,140.00
- Like Units: 1
- Unit Beds: 5
- Unit Baths: 5
- Unit Furnished: No
- Unit Rent: $4,995.00
- Unit Actual Rent: $4,995.00
- Unit Projected Rent: $4,995.00
- Like Units: 2
- Unit Beds: 3
- Unit Baths: 3
- Unit Furnished: No
- Unit Rent: $3,900.00
- Unit Actual Rent: $3,900.00
- Unit Projected Rent: $3,900.00
- Like Units: 3
- Unit Beds: 3
- Unit Baths: 3
- Unit Furnished: No
- Unit Rent: $3,900.00
- Unit Actual Rent: $3,900.00
- Unit Projected Rent: $3,900.00
- Like Units: 4
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,750.00
- Unit Actual Rent: $2,750.00
- Unit Projected Rent: $2,750.00
- Like Units: 5
- Unit Type Type: 2106, 2107, 2108, 2109, 2110
- Assessed Improvement Value: $.00
- Assessed Improvement Percent: 0.0
- Assessed Land Value: $936,360.00
- Assessed Land Percent: 100
- Assessed Total Value: $936,360.00
Property History for 1518 Magnolia Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 11, 2025 | Listed (Active) CLAW #25614437 | $3,495,000 | — |
| Nov 11, 2025 | Listed (Active) CRMLS #25614437 | $3,495,000 | — |
| Dec 9, 2022 | Withdrawn / Cancelled CRMLS #22178873 | $1,450,000 | — |
| Dec 9, 2022 | Withdrawn / Cancelled CLAW #22-178873 | — | |
| Jul 15, 2022 | Listed (Active) CLAW #22-178873 | $1,450,000 | — |
| Jul 15, 2022 | Listed (Active) CRMLS #22178873 | $1,450,000 | — |
| May 12, 2021 | Sold CRMLS #21706700 | $900,000 | — |
| May 12, 2021 | Sold CLAW #21-706700 | $900,000 | — |
| Mar 30, 2021 | Sold (Public Record) Public Record #1459634923 | $900,000 | — |
| Mar 29, 2021 | Pending CLAW #21-706700 | — | |
| Mar 29, 2021 | Pending CRMLS #21706700 | — | |
| Mar 17, 2021 | Listed (Active) CLAW #21-706700 | $798,000 | — |
| Mar 17, 2021 | Listed (Active) CRMLS #21706700 | $798,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/11/2025 | Listed (Active) CLAW #25614437 | $3,495,000 |
| 11/11/2025 | Listed (Active) CRMLS #25614437 | $3,495,000 |
| 12/09/2022 | Withdrawn / Cancelled CRMLS #22178873 | $1,450,000 |
| 12/09/2022 | Withdrawn / Cancelled CLAW #22-178873 | — |
| 07/15/2022 | Listed (Active) CLAW #22-178873 | $1,450,000 |
| 07/15/2022 | Listed (Active) CRMLS #22178873 | $1,450,000 |
| 05/12/2021 | Sold CRMLS #21706700 | $900,000 |
| 05/12/2021 | Sold CLAW #21-706700 | $900,000 |
| 03/30/2021 | Sold (Public Record) Public Record #1459634923 | $900,000 |
| 03/29/2021 | Pending CLAW #21-706700 | — |
| 03/29/2021 | Pending CRMLS #21706700 | — |
| 03/17/2021 | Listed (Active) CLAW #21-706700 | $798,000 |
| 03/17/2021 | Listed (Active) CRMLS #21706700 | $798,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1518 Magnolia Avenue
Schools near 1518 Magnolia Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 4 |
Rating | School | Distance |
|---|---|---|
Magnolia Avenue Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Equitas Academy Charter School CharterK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Or Brodsky, DRE #01960565; Compass, Michael Telega, DRE #01973319
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.