Highlights
Pet Friendly
- On-site laundry
- Professional management
Location
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Property management
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1201 Magnolia Ave earns a strong overall impression with an 8.4 Zumper Expert Rating, reflecting excellent value, standout location, and solid amenities. It features on-site laundry and professional management, and it is noted for proximity to highly rated schools, with the nearest top rated elementary and high school both close by.
Things you’ll love
Great for
| 2+1 | 2 bed | 1 bath | $2,200 /mo | 1 unit available | Enjoy the finest that LA has to offer at 1201 Magnolia Ave! Located in the vibrant Koreatown/Mid-City pocket of Los Angeles, this fully remodeled 2-bedroom, 1-bathroom apartment features brand-new hardwood floors, quartz countertops, updated appliances, and city views. Explore a wide range of local dining, shopping, and entertainment options throughout Koreatown, and enjoy quick access to the rest of the city with convenient proximity to the 10 and 101 freeways. 1201 Magnolia Ave is professionally managed by an experienced team dedicated to responsive service for all residents. Contact our leasing team today to schedule a tour! Building amenities include: -On-site laundry -Selected units have parking available for rent -Professional management -Online rent payment ***Assigned parking is available for an additional monthly fee. While pet fees may apply, verified service and emotional support animals are exempt from all pet fees and deposits in accordance with California Fair Housing laws. Please inquire for current pricing and availability. **Photos may not be of the exact unit available and have been virtually staged** |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 21 |
|---|
Enjoy the finest that LA has to offer at 1201 Magnolia Ave! The units have been extensively remodeled to the highest living standard. Located in the vibrant Koreatown/Mid-city pocket of Los Angeles, these renovated units feature brand new hard wood floors, quartz countertops, condo-quality appliances, and city views. Explore the wide range and dining and entertainment possibilities in Koreatown from the hamburgers at Cassell's in the Hotel Normandie to the world famous BBQ at Parks. Access the rest of the city with close access to the 10 and 101 freeways. 1201 Magnolia Ave is professionally managed by an experienced and hands-on team that prides itself on responsive and efficient supports for its tenants. Building amenities include: -On-site laundry -Selected units have parking available for rent -Professional management -Online rent payment ***Assigned parking is available for an additional monthly fee. Parking space availability is limited and not guaranteed for all units. While pet fees may apply, verified service and emotional support animals are exempt from all pet fees and deposits in accordance with California Fair Housing laws. Please inquire for current pricing and availability. **Photos may not be of the exact unit available and have been virtually staged** **Rent shown is net effective rent based on concessions offered; gross rent will apply**
How 1201 Magnolia Ave compares to other nearby properties.
Positives
2-bedroom apartments at 1201 Magnolia Ave cost about 8% less than the average rent price for 2-bedroom apartments in Pico Union.
| Month | Median Rent |
|---|---|
| October 2024 | $1,802 |
| 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 |
| September 2026 | $1,650 |
| October 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| 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 | $1,332 |
| September 2026 | $1,313 |
| October 2026 | $1,345 |
Can I afford to live at 1201 Magnolia Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$88,000/yr
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