Condo for rent

Pet friendly

5+ Days Ago

1240 Magnolia Ave #212
1240 Magnolia Ave #212, Los Angeles, CA 90006, USA

Monthly rent	$1,999
Beds	1
Baths	1
Sqft	–

Monthly rent	$1,999
Beds	1
Baths	1
Sqft	–

5+ Days Ago

Highlights

Pet Friendly

Stainless steel appliances
Custom cabinetry
Cozy retreat
Ample storage
In-unit washer/dryer
Sleek modern design

Location

1240 Magnolia Ave #212, Los Angeles, CA 90006, USA|Pico Union

Tour 1240 Magnolia Ave #212

Contact

Ari Hoffman

Hoffman Brothers Realty

(213) 340-0921

Property Overview

Featuring stainless steel appliances and custom cabinetry, this residence offers ample storage and in-unit laundry for convenience. Its sleek modern design creates a cozy retreat, ideal for those seeking comfort and style. Enjoy the numerous nearby amenities that enhance the vibrant lifestyle in Los Angeles.

Things you’ll love

High school nearby
Images available

Great for

Pet owners

Amenities for 1240 Magnolia Ave #212, Pico Union

Features

Air Conditioning	Central Air Conditioning
High Ceilings	Kitchen Recently Updated
Modern Bath Fixture	Open Floor Plan
Recently Rehabbed	Recently Renovated

Appliances

In-Unit Laundry	Refrigerator
Stainless Steel Appliances	Washer and Dryer

Community

Cats OK

Dogs OK

Grounds

Assigned Parking

Neighborhood

90+ Walk Score

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 1240 Magnolia Ave #212

Home

Apartments in Los Angeles

Pico Union

1240 Magnolia Ave #212, Los Angeles, CA 90006, USA

**Modern 1 Bed, 1 Bath with Washer/Dryer & Parking – Brand New!** *Condo-Style Welcome to 1240 Magnolia Ave, where style, comfort, and convenience come together in this beautifully designed 1-bedroom, 1-bathroom apartment. Be the first to live in this brand new unit featuring a sleek modern design, high-quality finishes, and a spacious layout that’s perfect for relaxing or entertaining. Smart thermostats with Wi-Fi connectivity, allowing control directly from your smartphone. Enjoy a full kitchen with stainless steel appliances, custom cabinetry, and plenty of counter space—ideal for everyday cooking or weekend hosting. The open living area is bright and airy, while the bedroom offers a cozy retreat with ample storage. The bathroom is clean and contemporary, designed with both function and aesthetics in mind. A washer and dryer are included in-unit for your convenience, and every detail has been thoughtfully crafted to make you feel right at home. Parking will be $100 per car. One bedrooms have 1 spot, and 2 & 3 bedrooms have options for 2 spots available. Located in the heart of Koreatown, 1240 Magnolia offers unmatched convenience with trendy cafés, authentic restaurants, grocery stores, and vibrant nightlife all just minutes away. Enjoy easy access to public transit, major freeways, and popular LA neighborhoods, making everyday errands and commuting a breeze. This central location blends urban energy with residential comfort—perfect for anyone looking to be close to everything LA has to offer. Schedule a showing today. Please note: The list price is based off of a eight week free on a 13 month lease concession (applied all at once) being factored into the base rent of TWO THOUSAND FOUR HUNDRED & EIGHTY DOLLARS DUE MONTHLY to show the savings. Please note: we have 18 month lease options Security deposit CAN BE $1500 (OAC 700+ CREDIT) Please note: Photos may not be of exact apartment home available*Square footage when listed or from inquiry, is approximate*Pricing is subject to change without notice*Pricing can vary between similar apartments for many reasons*Features may vary between similar apartments*Renter to verify all information, including availability*Rental Policy may change without notice*Price breaks are extended to all Applicants, no matter what may have been previously advertised*We adhere to all Fair Housing guidelines and all housing laws

Property highlights

How 1240 Magnolia Ave, Los Angeles, CA 90006, USA compares to other nearby properties.

Positives

High school nearby: There is a high school 0.3 mile away
Images available: There are at least 10 photos of this address

Address details

Neighborhood	Pico Union
Zip code	90006
Type	Condo for rent

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.

Rent trends in Pico Union

1-bedroom apartments at 1240 Magnolia Ave #212 cost about 7% more than the average rent price for 1-bedroom apartments in Los Angeles.

Median rents as of Mar 28 2026.

Pico Union

Los Angeles

A table of 1-bedroom apartment rental data trends in Los Angeles
Month	Median Rent
April 2024	$2,296
May 2024	$2,300
June 2024	$2,338
July 2024	$2,365
August 2024	$2,415
September 2024	$2,442
October 2024	$2,416
November 2024	$2,494
December 2024	$2,522
January 2025	$2,517
February 2025	$2,401
March 2025	$2,359
April 2025	$2,300
May 2025	$2,298
June 2025	$2,299
July 2025	$2,295
August 2025	$2,253
September 2025	$2,250
October 2025	$2,243
November 2025	$2,227
December 2025	$2,262
January 2026	$2,292
February 2026	$2,286
March 2026	$2,287

A table of 1-bedroom apartment rental data trends in Pico Union
Month	Median Rent
April 2024	$1,815
May 2024	$1,847
June 2024	$1,891
July 2024	$1,798
August 2024	$1,824
September 2024	$1,997
October 2024	$1,883
November 2024	$1,887
December 2024	$1,861
January 2025	$2,005
February 2025	$2,146
March 2025	$1,948
April 2025	$1,859
May 2025	$1,844
June 2025	$1,809
July 2025	$1,886
August 2025	$1,942
September 2025	$1,843
October 2025	$1,805
November 2025	$1,849
December 2025	$1,875
January 2026	$1,872
February 2026	$1,835
March 2026	$1,882

Affordability calculator

Can I afford to live at 1240 Magnolia Ave #212?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$79,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,960 annually to afford this 1-bedroom monthly rent price of $1,999.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 1240 Magnolia Ave, Los Angeles, CA.
			Bath
2 months ago	$2,560	2 bed	2 bath
6 months ago	$1,845	1 bed	1 bath
10 months ago	$2,480	2 bed	1 bath
10 months ago	$2,695	2 bed	2 bath
10 months ago	$1,910	1 bed	1 bath
10 months ago	$3,090	3 bed	2 bath
10 months ago	$2,085	1 bed	1 bath

Schools near 1240 Magnolia Ave #212

Internet available near 1240 Magnolia Ave #212

Getting around Los Angeles near 1240 Magnolia Ave #212

Walking

8/10

No car? No problem. Everything you need is within a few blocks.

Driving

7/10

This area is close to freeways and has adequate parking options.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

9/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1240 Magnolia Ave #212, Los Angeles

Groceries

10/10

At least one supermarket within a 5-minute walk

Shopping

10/10

Exceptional variety of shops within a few minutes’ walk

Cafes

8/10

Wide variety of cafés within a few minutes’ walk

Restaurants

9/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

8/10

At least one high school within a 10-minute walk

Parks

6/10

Moderate amount of park space nearby

Nightlife

6/10

Several bars within a few minutes’ walk

Other units at this address

1240 Magnolia Ave, Los Angeles, CA

1240 Magnolia Ave Los Angeles, CA

Occupied

206

1 Bed

1 Bath

– sqft

$1,845

Assigned Parking • In-Unit Laundry • Air Conditioning • High Ceilings

Occupied

208

1 Bed

1 Bath

– sqft

$2,010

Assigned Parking • In-Unit Laundry • Air Conditioning • High Ceilings

Occupied

411

3 Beds

1 Bath

– sqft

$2,560

Assigned Parking • In-Unit Laundry • Air Conditioning • High Ceilings

Listed by Ari Hoffman

Days on market: 66

**Modern 2 BEDROOM + BONUS ROOM/ OFFICE with Washer/Dryer & Parking – Brand New- Condo-Style!** **COME VIEW THIS SPACIOUS UNIT ~ LARGEST LIVING ROOM AMONG THE 2 BEDROOMS!** Welcome to 1240 Magnolia Ave, where style, comfort, and convenience come together in this beautifully designed 2 -bedroom, 1-bathroom apartment. Be the first to live in this brand new unit featuring a sleek modern design, high-quality finishes, and a spacious layout that’s perfect for relaxing or entertaining. Smart thermostats with Wi-Fi connectivity, allowing control directly from your smartphone. Enjoy a full kitchen with stainless steel appliances, custom cabinetry, and plenty of counter space—ideal for everyday cooking or weekend hosting. The open living area is bright and airy, while the bedroom offers a cozy retreat with ample storage. The bathroom is clean and contemporary, designed with both function and aesthetics in mind. A washer and dryer are included in-unit for your convenience, and every detail has been thoughtfully crafted to make you feel right at home. Located in the heart of Koreatown, 1240 Magnolia offers unmatched convenience with trendy cafés, authentic restaurants, grocery stores, and vibrant nightlife all just minutes away. Enjoy easy access to public transit, major freeways, and popular LA neighborhoods, making everyday errands and commuting a breeze. This central location blends urban energy with residential comfort—perfect for anyone looking to be close to everything LA has to offer. Parking will be $100 per car. One bedrooms have 1 spot, and 2 & 3 bedrooms have options for 2 spots available. Schedule a showing today. Please note: The list price is based off of a eight week free concession (applied all at once) being factored into the base rent of THREE THOUSAND ONE HUNDRED & FORTY-FIVE DOLLARS DUE MONTHLY to show the savings. Please note: we have 18 month lease options Security deposit CAN BE $1500 (OAC 700+ CREDIT) Please note: Photos may not be of exact apartment home available*Square footage when listed or from inquiry, is approximate*Pricing is subject to change without notice*Pricing can vary between similar apartments for many reasons*Features may vary between similar apartments*Renter to verify all information, including availability*Rental Policy may change without notice*Price breaks are extended to all Applicants, no matter what may have been previously advertised*We adhere to all Fair Housing guidelines and all housing laws

Occupied

410

3 Beds

2 Baths

– sqft

$3,065

Assigned Parking • In-Unit Laundry • Air Conditioning • High Ceilings

Listed by Ari Hoffman

Days on market: 180

**Modern 3 Bed, 2 Bath with Washer/Dryer & Parking – Brand New!** *Condo-Style Welcome to 1240 Magnolia Ave, where style, comfort, and convenience come together in this beautifully designed 3 -bedroom, 2-bathroom apartment. Be the first to live in this brand new unit featuring a sleek modern design, high-quality finishes, and a spacious layout that’s perfect for relaxing or entertaining. Enjoy a full kitchen with stainless steel appliances, custom cabinetry, and plenty of counter space—ideal for everyday cooking or weekend hosting. The open living area is bright and airy, while the bedroom offers a cozy retreat with ample storage. The bathroom is clean and contemporary, designed with both function and aesthetics in mind. A washer and dryer are included in-unit for your convenience, and every detail has been thoughtfully crafted to make you feel right at home. Located in the heart of Koreatown, 1240 Magnolia offers unmatched convenience with trendy cafés, authentic restaurants, grocery stores, and vibrant nightlife all just minutes away. Enjoy easy access to public transit, major freeways, and popular LA neighborhoods, making everyday errands and commuting a breeze. This central location blends urban energy with residential comfort—perfect for anyone looking to be close to everything LA has to offer. Parking will be $100 per car. One bedrooms have 1 spot, and 2 & 3 bedrooms have options for 2 spots available. Schedule a showing today. Please note: The list price is based off of a eight week free concession (applied all at once) being factored into the base rent of THREE THOUSAND SEVEN HUNDRED & FORTY-FIVE DOLLARS DUE MONTHLY to show the savings. Please note: Photos may not be of exact apartment home available*Square footage when listed or from inquiry, is approximate*Pricing is subject to change without notice*Pricing can vary between similar apartments for many reasons*Features may vary between similar apartments*Renter to verify all information, including availability*Rental Policy may change without notice*Price breaks are extended to all Applicants, no matter what may have been previously advertised*We adhere to all Fair Housing guidelines and all housing laws