$1,126,000 - $1,256,000
RENTED MAR 16, 2025

1518 Magnolia Ave Unit 1 Los Angeles, CA 90006

Pico-Union Neighborhood
5 Beds
5.5 Baths
2,052 Sq Ft
$576 Price per Sq Ft

Highlights

  • City Lights View
  • Living Room
  • Dining Room
  • Modern Architecture
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of March 2025

Brand-New Luxury Townhome | Private Rooftop | 2-Car Garage |Experience the pinnacle of modern living in this stunning new-construction 5-bedroom, 5.5-bath townhome. Designed with both style and convenience in mind, this expansive home offers high-end finishes, state-of-the-art appliances, and soaring ceilings that create a bright and airy ambiance. The gourmet kitchen is a chef's dream, perfect for hosting and everyday living, while the spacious bedrooms provide the ideal retreat after a long day. Enjoy breathtaking city views from your private rooftop deck, perfect for entertaining or relaxing under the stars. Additional features include a private 2-car garage and ample storage, ensuring both comfort and functionality. Located in the heart of Los Angeles, you'll be just moments away from trendy restaurants, boutique shops, and all the best the city has to offer. Don't miss your chance to call this exceptional townhome your own! Schedule a tour today! Photos may feature similar unit.

Last Agent to Rent the Property

Micah Hiller

Prime Rock Realty License #02036690 Listed on: 03/03/2025

Last Renter's Agent

Micah Hiller

Prime Rock Realty License #02036690 Listed on: 03/03/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,608

Lot Details

  • 6,082 Sq Ft Lot

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,052 Sq Ft Home
  • Living Room
  • Dining Room
  • City Lights Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Pets Allowed

Listing and Financial Details

  • Security Deposit $4,995
  • Tenant pays for gas, electricity, trash collection, water
  • Assessor Parcel Number 5056-007-020

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,608

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 4995
  • Tenant Pays: Gas, Electricity, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Lease Terms: 12 Months
  • Living Area: 2052
  • Lot Acreage: 0.1396
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring: Vinyl, Wood Laminate
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Microwave, Hood Fan, Garbage Disposal, Washer, Freezer, Recirculated Exhaust Fan, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 2.43

Exterior Features

  • Pool: No
  • View: City, City Lights, Any
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Garage, Garage - 2 Car, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5056-007-020
  • Lot Size Area: 6082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
853 North June Ave and 853 North June Ave Llc
Bought by
853 North June Ave Llc
Current Estimated Value
$1,182,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,882,365
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$686,914

Purchase Details

Closed on
Apr 29, 2024
Sold by
Mapl Development Llc
Bought by
853 North June Ave Llc

Purchase Details

Closed on
Oct 31, 2021
Sold by
Lindenberg Peleg
Bought by
Mapl Development Llc

Purchase Details

Closed on
Apr 30, 2021
Sold by
Parienta Adar
Bought by
Lindenberg Peleg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2021
Sold by
Lebron Olda R
Bought by
Lindenberg Peleg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1998
Sold by
Alonzo Carlos
Bought by
Lebron Olda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.06%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Alonzo Carlos
Bought by
Lebron Olda R

Purchase Details

Closed on
Mar 21, 1997
Sold by
Alonzo Carla D
Bought by
Alonzo Carlos

Purchase Details

Closed on
Aug 12, 1996
Sold by
Fernando Francisco
Bought by
Alonzo Carlos
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
853 North June Ave Llc -- Fidelity National Title
853 North June Ave Llc -- Fidelity National Title
853 North June Ave Llc -- --
853 North June Ave Llc -- --
Mapl Development Llc -- Chicago Title Company
Mapl Development Llc -- Chicago Title Company
Lindenberg Peleg -- Fidelity National Title Co
Lindenberg Peleg -- Fidelity National Title Co
Lindenberg Peleg $900,000 Fidelity National Title Co
Lindenberg Peleg $900,000 Fidelity National Title Co
Lebron Olda R -- Continental Title
Lebron Olda R -- Continental Title
Lebron Olda R -- --
Lebron Olda R -- --
Alonzo Carlos -- --
Alonzo Carlos -- --
Alonzo Carlos -- --
Alonzo Carlos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 853 North June Ave Llc $1,900,000
Previous Owner Mapl Development Llc $1,400,000
Previous Owner Lindenberg Peleg $675,000
Previous Owner Lebron Olda R $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2025 03/16/25 Rented $5,140 +2.9% --
03/03/2025 03/03/25 For Rent $4,995 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,608 $1,326,000 $795,600 $530,400
2024 $11,608 $936,360 $936,360 --
2023 $11,389 $918,000 $918,000 $0
2022 $11,077 $918,000 $714,000 $204,000
2021 $3,100 $233,198 $203,117 $30,081
2020 $3,127 $230,808 $201,035 $29,773
2019 $3,014 $226,284 $197,094 $29,190
2018 $2,911 $221,848 $193,230 $28,618
2016 $2,770 $213,235 $185,728 $27,507
2015 $2,732 $210,033 $182,939 $27,094
2014 $2,756 $205,920 $179,356 $26,564
Source: Public Records

Agents Affiliated with this Home

  • Micah Hiller

    Landlord's Agent in 2025

    Micah Hiller

    Prime Rock Realty

    (310) 280-6417

    35 Total Sales

    Micah Hiller
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Map

Source: The MLS

MLS Number: 25505851

The MLS

APN: 5056-007-020

California Los Angeles County Los Angeles 90006 Pico-Union

1518 Magnolia Ave Unit 1, Los Angeles, CA

This home is located at 1518 Magnolia Ave Unit 1, Los Angeles, CA 90006 since 03 March 2025 and is currently priced at $1,182,916. 1518 Magnolia Ave Unit 1 is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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