Condo for rent

Pet friendly

Updated 2 Days Ago

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

Monthly rent	$2,145–$2,640
Beds	1–2
Baths	1–2
Sqft	–

Condo for rent

Pet friendly

Updated 2 Days Ago

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

Condo for rent

Pet friendly

Monthly rent	$2,145–$2,640
Beds	1–2
Baths	1–2
Sqft	–

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

Condo for rent

Pet friendly

Monthly rent	$2,145–$2,640
Beds	1–2
Baths	1–2
Sqft	–

Updated 2 Days Ago

2 Bed 2 bath unit

Address details

Units	11
Units available	3
Neighborhood
City
Zip code	90006

Property Overview

A modern feel and open layout pair with stainless steel appliances, creating a clean, contemporary atmosphere. Nearby pet hospitals, grooming services, and pet supply stores make the area especially appealing for pet-related needs, while the close high school and 138 photos add convenience and a clear view of what’s available.

Things you’ll love

High school nearby
Images available

Great for

Pet owners

Highlights

Pet Friendly

modern feel
open layout
stainless steel appliances

Units

1240 Magnolia Ave, Los Angeles, CA

1240 Magnolia Ave Los Angeles, CA

Show occupied

Available

408

1 Bed

1 Bath

– sqft

$2,145

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

Available

103

2 Beds

1 Bath

– sqft

$2,480

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

Listed on 03/25/2026

Listed by Ari Hoffman

Days on market: 150

**Massive 2-Bedroom Live/Work Residence with Flexible Furnished Options** Welcome to this one-of-a-kind 2-bedroom, 1-bath residence offering an exceptional amount of living space in a thoughtfully designed co-live/work environment. Unlike a traditional apartment, this unique ADU-style home features an expansive open layout with incredible flexibility, making it ideal for creatives, remote professionals, roommates, or anyone looking for extra room to live, work, and entertain. The oversized floor plan provides endless possibilities to create separate living, dining, workspace, and lounge areas while still maintaining a comfortable and functional flow. Large living spaces, abundant natural light, and a versatile design make this home stand out from the ordinary. For added convenience, the home can be delivered fully furnished, allowing for an easy move-in experience. Flexible furnishing programs are also available, including an option that allows qualified residents to own the furniture after 12 months, offering both convenience and long-term value. Conveniently located in the heart of Los Angeles, you'll enjoy easy access to Koreatown, Downtown LA, USC, Westlake, Echo Park, and major employment centers. Restaurants, cafés, grocery stores, shopping, public transportation, and major freeways are all just minutes away, making commuting throughout the city simple and convenient. If you're looking for a truly unique home with exceptional space, flexible living arrangements, and modern convenience, this rare live/work residence is an opportunity you won't want to miss. Parking will be $100 for a tandem spot! Schedule a showing today. Please note: $2480 + 100 PARKING LIST PRICE IS BASED OFF OF $2950 DUE MONTHLY WITH 6 WEEKS RENT FREE ON A 12 MONTH LEASE (OAC). DEPOSIT $2950 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

New Listing

402

2 Beds

2 Baths

– sqft

$2,640

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

Listed on 08/11/2026

Listed by Ari Hoffman

Days on market: 11

**Modern 2 Bed, 2 Bath with Washer/Dryer & Parking – Brand New - Condo Style!** **COME VIEW THIS UNIQUE UNIT WITH DOWNTOWN LA VIEWS!** Welcome to 1240 Magnolia Ave, where style, comfort, and convenience come together in this beautifully designed 2 -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. 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 included for +$100 for a tandem spot! Schedule a showing today. Please note: we have 18 month lease options Security deposit CAN BE $1500 (OAC 700+ CREDIT) PLEASE NOTE: $2640 + 100 PARKING LIST PRICE IS BASED OFF OF $2998 DUE MONTHLY WITH 1 MONTH RENT FREE ON A 12 MONTH LEASE (OAC). DEPOSIT $2998 PLEASE NOTE: 1 MONTH FREE WILL BE APPLIED ON 2ND MONTH OF THE LEASE. 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

212

1 Bed

1 Bath

– sqft

$1,999

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

Listed by Ari Hoffman

Days on market: 186

**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

Occupied

406

1 Bed

1 Bath

– sqft

$2,095

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

Listed by Ari Hoffman

Days on market: 143

**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 FIVE HUNDRED & NINETY 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

307

2 Beds

1 Bath

– sqft

$2,260

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

Listed by Ari Hoffman

Days on market: 132

**Modern 2 Bed, 1 Bath with Washer/Dryer & Parking – Brand New - Condo Style** **COME VIEW THIS UNIQUE SIDE FACING CORNER UNIT FOR THE ULTIMATE PRIVACY!** 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. Parking will be $100 for a tandem spot! 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 & $600 amazon gift card off on a 12 month lease concession (applied all at once) being factored into the base rent of TWENTY-EIGHT HUNDRED & NINETY-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

401

2 Beds

1 Bath

– sqft

$2,375

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

Listed by Ari Hoffman

Days on market: 116

**Modern 2 Bed, 1 Bath with Washer/Dryer & Parking – Brand New - Condo Style** **COME VIEW THIS UNIQUE UNIT W/ GORGEOUS DOWNTOWN VIEWS!** 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. Parking will be $100 for a tandem spot! 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 & NINETY-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

304

2 Beds

1 Bath

– sqft

$2,390

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

Listed by Ari Hoffman

Days on market: 170

**Modern 2 Bed, 1 Bath with Washer/Dryer & Parking – Brand New - Condo Style** **COME VIEW THIS UNIQUE SIDE FACING CORNER UNIT FOR THE ULTIMATE PRIVACY!** 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. 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 NINE 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

411

3 Beds

1 Bath

– sqft

$2,560

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

Listed by Ari Hoffman

Days on market: 206

**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

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

Listed by Ari Hoffman

Days on market: 320

**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

Amenities for 1240 Magnolia Ave

Some units at this address have these amenities. View unit details for more information.

Building

Dogs Ok
Cats Ok

Unit Amenities

High Ceilings
In-Unit Laundry
Assigned Parking
Air Conditioning
Furnished

Policies at 1240 Magnolia Ave

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

Home

Apartments in Los Angeles

Pico Union

1240 Magnolia Ave #402, Los Angeles, CA 90006, USA

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.

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Address details

Units	11
Units available	3
Neighborhood
City
Zip code	90006

1240 Magnolia Ave #402 is great for:

Pet owners

Tile, vinyl or hardwood floors
8 pet grooming services nearby
17 pet supply stores near the property
2 pet hospitals in the area

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

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Rent trends in Los Angeles

1-bedroom apartments here are priced 27% higher than 1-bedrooms in Pico Union.

If you decide to upgrade your space, you can expect 2-bedrooms at 1240 Magnolia Ave #402 to be 7% more than the average for similarly sized apartments in Pico Union.

Median rents as of Aug 15 2026.

Pico Union

Los Angeles

A table of studio rental data trends in Los Angeles
Month	Median Rent
August 2024	$1,850
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
August 2026	$1,650

A table of studio rental data trends in Pico Union
Month	Median Rent
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	$1,347
August 2026	$1,322

Affordability calculator

Can I afford to live at 1240 Magnolia Ave?

Bedrooms

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

$85,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $85,800 annually to afford this 1-bedroom monthly rent price of $2,145.

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

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Rent history

Check out the past listing prices for monthly rent at 1240 Magnolia Ave, Los Angeles, CA.
			Bath
Last month	$2,260	2 bed	1 bath
2 months ago	$2,375	2 bed	1 bath
4 months ago	$2,095	1 bed	1 bath
6 months ago	$2,560	2 bed	2 bath
10 months ago	$1,845	1 bed	1 bath
1 year ago	$3,090	3 bed	2 bath
1 year ago	$2,085	1 bed	1 bath
1 year ago	$2,480	2 bed	1 bath
1 year ago	$2,695	2 bed	2 bath
1 year ago	$1,910	1 bed	1 bath