Nearby rentals
Property management
| Monthly rent | $2,295–$2,995 |
|---|---|
| Beds | 2 |
| Baths | 1–2 |
| Sqft | – |
2 Bed 2 bath unit
| Units | 11 |
|---|---|
| Units available | 3 |
| Neighborhood | |
| City | |
| Zip code | 90006 |
A modern feel and open layout are complemented by stainless steel appliances, creating a clean and contemporary living space. Nearby top-rated schooling options, extensive photo coverage, and strong pet-oriented amenities—including pet hospitals, supply stores, and grooming services—add to its overall appeal.
Things you’ll love
Great for
Available
2 Beds
1 Bath
$2,295
Air Conditioning • High Ceilings • In-Unit Laundry • Assigned Parking
Available
2 Beds
1 Bath
$2,520
Air Conditioning • High Ceilings • In-Unit Laundry • Assigned Parking
Available
2 Beds
2 Baths
$2,995
Air Conditioning • High Ceilings • In-Unit Laundry • Assigned Parking
Some units at this address have these amenities. View unit details for more information.
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Don't miss this exceptional opportunity to reside at 1240 Magnolia Ave in the vibrant Pico Union neighborhood of Los Angeles, CA 90006. This intimate 11-unit property offers a 2-bedroom floorplan, boasting a modern feel with an open layout, stainless steel appliances, custom cabinetry, and sleek design. Enjoy stunning downtown views from the comfort of your cozy retreat, complete with ample storage and in-unit washer/dryer. High-quality finishes and Wi-Fi connectivity add to the allure. Residents can also appreciate the convenience of an HVAC system. With only a limited number of units, this property offers a unique chance to experience the best of urban living. Come and explore the perfect blend of style, comfort, and convenience in this exceptional property.
| Units | 11 |
|---|---|
| Units available | 3 |
| Neighborhood | |
| City | |
| Zip code | 90006 |
How 1240 Magnolia Ave, Los Angeles, CA 90006, USA compares to other nearby properties.
Positives
If you decide to upgrade your space, you can expect 2-bedrooms at 1240 Magnolia Ave #402 to be 9% more than the average for similarly sized apartments in Pico Union.
| Month | Median Rent |
|---|---|
| July 2024 | $1,835 |
| August 2024 | $1,848 |
| September 2024 | $1,848 |
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,484 |
| August 2024 | $1,450 |
| September 2024 | $1,450 |
| October 2024 | $1,495 |
| November 2024 | $1,486 |
| December 2024 | $1,468 |
| January 2025 | $1,447 |
| February 2025 | $1,402 |
| March 2025 | $1,396 |
| April 2025 | $1,327 |
| May 2025 | $1,384 |
| June 2025 | $1,385 |
| July 2025 | $1,377 |
| August 2025 | $1,344 |
| September 2025 | $1,310 |
| October 2025 | $1,320 |
| November 2025 | $1,384 |
| December 2025 | $1,397 |
| January 2026 | $1,400 |
| February 2026 | $1,391 |
| March 2026 | $1,385 |
| April 2026 | $1,361 |
| May 2026 | $1,342 |
| June 2026 | $1,328 |
| July 2026 | $1,350 |
Can I afford to live at 1240 Magnolia Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$100,800/yr
| Bath | |||||
|---|---|---|---|---|---|
| Last month | $2,375 | 2 bed | 1 bath | ||
| 3 months ago | $2,095 | 1 bed | 1 bath | ||
| 5 months ago | $2,560 | 2 bed | 2 bath | ||
| 9 months ago | $1,845 | 1 bed | 1 bath | ||
| 1 year ago | $2,695 | 2 bed | 2 bath | ||
| 1 year ago | $3,090 | 3 bed | 2 bath | ||
| 1 year ago | $2,085 | 1 bed | 1 bath | ||
| 1 year ago | $1,910 | 1 bed | 1 bath |
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