1240 Magnolia Avenue Apartments

Verified
This is a CoStar Verified® Listing

1240 Magnolia Avenue in Los Angeles, CA is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

Los Angeles, CA 90006
(323) 765-1943
Check Availability

Photos

Contact

1240 Magnolia Avenue

1240 Magnolia Avenue
Los Angeles, CA 90006
(323) 765-1943
1240 Magnolia Avenue in Los Angeles, CA - Building Photo
  • 1–3 Bedrooms
  • $1,910–$3,745Rent Pricing

About 1240 Magnolia Avenue

1 bed: *Modern 1 Bed, 1 Bath with Washer/Dryer & Parking – Brand New!** 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. 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 included for $100! Schedule a showing today. Please note: The list price is based off of a six week free concession (applied all at once) being factored into the base rent of TWO THOUSAND TWO HUNDRED & NINETY-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 2 Bed: *Modern 2 Bed, 1 Bath with Washer/Dryer & Parking – Brand New!** 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. 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 included for $100! Schedule a showing today. Please note: The list price is based off of a six week free concession (applied all at once) being factored into the base rent of TWO THOUSAND NINE HUNDRED & FIFTY 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 3 bed: *Modern 3 Bed, 2 Bath with Washer/Dryer & Parking – Brand New!** 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. Parking will be included for $100! Schedule a showing today. Please note: The list price is based off of a six week free concession (applied all at once) being factored into the base rent of THREE THOUSAND SIX 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

1240 Magnolia Avenue is located in the Harvard Heights Neighborhood and 90006 Zip code of Los Angeles, CA. This community is professionally managed by Hoffman Brothers Realty

Property Contact Info

Floorplan Pricing and Availability

1240 Magnolia Avenue offers 1 to 3 Bedroom starting from $1,910. Here is the current pricing and availability:

  • 1 Bedroom

    From $1,910

    1 bed

    1 Bed, 1 BathAvailable Now

    Availability Details

    PriceAvailability DateUnitDeposit
    From $1,910Available Now1 bed$2,695

    Model Amenities and Features

    Kitchen

    • Kitchen
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $1,910 - $2,695

    Deposit

    • $2,695 deposit
  • 2 Bedrooms

    From $2,480

    2 bed

    2 Beds, 1 BathAvailable Now

    Availability Details

    PriceAvailability DateUnitDeposit
    From $2,480Available Now2 bed$3,295

    Model Amenities and Features

    Kitchen

    • Kitchen
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $2,480 - $3,295

    Deposit

    • $3,295 deposit

    From $2,695

    2 bed

    2 Beds, 2 BathsAvailable Now

    Availability Details

    PriceAvailability DateUnitDeposit
    From $2,695Available Now2 bed$3,295

    Model Amenities and Features

    Kitchen

    • Kitchen
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $2,695 - $3,295

    Deposit

    • $3,295 deposit
  • 3 Bedrooms

    From $3,090

    3 bed

    3 Beds, 2 BathsAvailable Now

    Availability Details

    PriceAvailability DateUnitDeposit
    From $3,090Available Now3 bed$3,745

    Model Amenities and Features

    Kitchen

    • Kitchen
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $3,090 - $3,745

    Deposit

    • $3,745 deposit
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (323) 765-1943 to schedule a tour.

Property Information

  • 15 Units
  • 2 Stories

Features and Amenities

Kitchen Amenities

  • Stainless Steel Appliances
  • Kitchen
Google Map

Map

1240 Magnolia Avenue, Los Angeles, CA 90006

Frequently Asked Questions about 1240 Magnolia Avenue

Where is 1240 Magnolia Avenue located?

1240 Magnolia Avenue is located at 1240 Magnolia Avenue near the Harvard Heights area of Los Angeles, CA

What is the current rent range at 1240 Magnolia Avenue?

1 Bedroom to 3 Bedroom Apartments at 1240 Magnolia Avenue currently range from $1,910 to $3,745

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Great Value3.8

    The 1240 Magnolia Avenue Apartments are 17.57% cheaper than the average apartment in the Harvard Heights area, and 35.5% cheaper than the average apartment city-wide.

    Rent Comparison to the Harvard Heights Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,910$2,031-$121-6.0%
    2 Bedroom$2,480$3,038-$558-18.4%
    3 Bedroom$3,090$4,307-$1,217-28.3%

    Rent Comparison to the city of Los Angeles

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,910$2,838-$928-32.7%
    2 Bedroom$2,480$3,733-$1,253-33.6%
    3 Bedroom$3,090$5,167-$2,077-40.2%

    Methodology: On 06/11/2025, ApartmentHomeLiving.com compared current rents by floorplan to 1430 other apartment communities in the immediate area around 1240 Magnolia Avenue (Harvard Heights), and 58979 other apartment communities in Los Angeles using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 06/11/2025

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Berendo Middle

Los Angeles Unified
1157 South Berendo Street
Public School - Grades 6-8 (623 Students)
In Attendance Zone1 minute drive / 0.5 miles away
3/10

Leo Politi Elementary

Los Angeles Unified
2481 West 11th Street
Public School - Grades K-5 (572 Students)
In Attendance Zone1 minute drive / 0.2 miles away
2/10

Contreras Learning Center-Los Angeles School Of Global Studies

Los Angeles Unified
322 Lucas Avenue
Public School - Grades 9-12 (327 Students)
In Attendance Zone4 minute drive / 1.5 miles away
3/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 1240 Magnolia Avenue.

Arts Museums and Landmarks

660 N. Heliotrope Dr.
4 minute drive / 2.3 miles away
111 S Grand Ave Los Angeles
5 minute drive / 2.35 miles away
152 North Central Ave
6 minute drive / 2.93 miles away

Big Box and Retail

Autozone
2901-2907 S Vermont Ave
4 minute drive / 1.5 miles away
Goodwill
235 Broadway
5 minute drive / 2.64 miles away
Target
415 S La Brea Ave
7 minute drive / 3.31 miles away

Colleges and Universities

3050 Wilshire Boulevard
2 minute drive / 0.74 miles away
10 Chester Place
4 minute drive / 1.49 miles away
725 South Figueroa Street, Suite 1550
4 minute drive / 1.66 miles away

Groceries

Food 4 Less
1091 S Hoover St
1 minute drive / 0.31 miles away
Smart & Final
2949 W Pico Blvd
2 minute drive / 0.87 miles away
Assi Plaza
3525 W 8th St
3 minute drive / 1.13 miles away

Hospitals

3160 Geneva Street
3 minute drive / 1.24 miles away
2131 W 3rd St
3 minute drive / 1.31 miles away
1225 Wilshire Boulevard
4 minute drive / 1.43 miles away

Military Bases

22 minute drive / 10.45 miles away

Parks and Recreation

701 State Drive
5 minute drive / 2.34 miles away
4814 Hollywood Blvd
7 minute drive / 3.58 miles away
5801 Wilshire Blvd
8 minute drive / 3.82 miles away

1240 Magnolia Avenue has 5 parks within 6.9 miles, including Exposition Rose Garden, Barnsdall Art Park, La Brea Tarpits, Bronson Canyon, and Beverly Gardens Park.

Restaurants and Dining

644 S. Figueroa
5 minute drive / 1.76 miles away
108 W. 2nd Street
5 minute drive / 2.6 miles away
22821 Pacific Coast Highway
5 minute drive / 2.79 miles away

Shopping Centers

1133 S Vermont Ave
1 minute drive / 0.12 miles away
2716 W Olympic Blvd
1 minute drive / 0.21 miles away
2732-2748 W Olympic Blvd
1 minute drive / 0.22 miles away

1240 Magnolia Avenue has 5 shopping centers within 0.3 miles.

Transit Stations

1290 S Flower St
4 minute drive / 1.51 miles away
1290 S Flower St
4 minute drive / 1.51 miles away
348 W Washington Blvd
5 minute drive / 1.68 miles away

Nearby Neighborhoods

Studio to 7 Bedroom Apartments from $780
View Rentals
Studio to 4 Bedroom Apartments from $780
View Rentals
Studio to 4 Bedroom Apartments from $750
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Los Angeles Studio Apartments $2,213$750$10,000+
Los Angeles 1 Bedroom Apartments $2,838$600$10,000+
Los Angeles 2 Bedroom Apartments $3,733$899$10,000+
Los Angeles 3 Bedroom Apartments $5,167$1,124$10,000+
Los Angeles 4 Bedroom Apartments $3,149$1,049$10,000+
Los Angeles 5 Bedroom Apartments $2,532$995$10,000+
Los Angeles 6 Bedroom Apartments $13,726$3,800$10,000+

Browse Top Apartments in Los Angeles

By Price

By Community Type

By Amenities

Viewing: 1240 Magnolia Avenue | Desktop Version | Listing Updated: 06/11/2025 | AHLSLV