1933 Magnolia Ave - Apartments FOR SALE


Los Angeles, CA 90007- Harvard Heights
$5,995,000 USD
424-320-8861
1933 Magnolia Ave, Los Angeles, CA for Sale
$5,995,000 USD
Apartments - FOR SALE
1/64
null | 7.64% Cap Rate

1933 Magnolia Ave
Los Angeles, CA 90007
Harvard Heights


HIGHLIGHTS

  • Standout 2025 construction four-story six-townhome investment opportunity optimized for coliving or coworking, offering 16,120 square feet.
  • Enjoy easy access to landmarks such as Exposition Park and the California Science Center, as well as convenient access to the Metro Expo Line.
  • Totaling 49 beds, 51 bathrooms across three buildings, each featuring open layouts, ensuite bedrooms, generous storage, and in-unit laundry.
  • Strategically located in University Park, known as the home to USC and a historic LA neighborhood that blends academic energy and cultural richness.
  • Turnkey asset with on-site parking, open-concept kitchen and living areas, and top-floor kitchenettes designed for modern shared use.

OVERVIEW

Elevate your portfolio with this rare investment opportunity at 1933 Magnolia Avenue, ideal for buyers seeking a property optimized for coliving or coworking operations. This unique and versatile asset comprises six townhomes ranging from 2,098 to 3,482 square feet, totaling 49 bedrooms and 51 bathrooms. Designed for communal living and working, each townhouse features a top-floor kitchenette and two sets of washers and dryers for maximum convenience. In addition to well-designed living spaces, the property includes on-site parking and open-concept kitchen/living areas with ensuite bedrooms and generous closets, offering flexibility for various residential or business models. Centrally located near prime Los Angeles (LA) metropolitan hubs, the property offers exceptional access to the University of Southern California (USC), Los Angeles Trade Technical College, and Cal State Downtown, as well as proximity to California Hospital, Good Samaritan Hospital, Crypto.com Arena, and the Los Angeles Convention Center. Its location ensures easy connectivity to Westside communities such as Culver City and Century City. This sale represents a one-of-a-kind opportunity to acquire a fully equipped, high-functioning property that combines comfort, community, and convenience. 1933 Magnolia Avenue is perfect for investors or operators looking to capitalize on the growing demand for modern shared living and working environments.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

6

PRICE/UNIT

$999,167

CAP RATE

7.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

LARD1.5

APN/PARCEL ID

5056-026-006

ASK ABOUT THIS PROPERTY

Yohann BensimonKeller Williams RealtyMore Info
424-320-8861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Yohann BensimonKeller Williams RealtyMore Info
424-320-8861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.