1 Month Free Renovated 1 Bedroom with In-Unit Laundry and Covered Parking.
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.
$100 Parking will be Included. Schedule a showing today. $2280 + 100 Parking List Price Is Based Off of $2,595 Due Monthly With 8 Weeks Rent Free on A 12 Month Lease (oac). Deposit $2595.
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.... Pet Friendly, Recently rehabbed, High ceilings, Stainless steel appliances, Refrigerator, Central air conditioning, Open floor plan, Covered parking, Recently renovated, Pets negotiable, Modern bath fixtures, Kitchen recently updated, 90+ Walkscore & Washer/dryer included.
7 days on RentalSource
RentalSource last checked: 13 hours ago · Listing updated: October 25, 2026
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Property Summary
Property Type:
Apartment
Rental Fee:
$2,280
Bedrooms:
1 bed
Bathrooms:
1 bath
Size:
Inquire
Pets:
Cats & dogs
Laundry:
In unit
Parking:
Yes
Available:
Inquire
ID:
84651084
Amenities
•Washer/Dryer In Unit
•Air Conditioning
•Parking
•Refrigerator
•Stainless Steel Appliances
•Storage
Additional Details
This 1-bedroom, 1-bathroom apartment at 1240 Magnolia Ave #408 in Los Angeles, CA 90006 rents for $2,280 a month. It is pet friendly. 1240 Magnolia Ave #408 was advertised by Ari Hoffman on October 25, 2026.
How the Rent Compares
At $2,280 a month, this apartment is above the typical rent for 1-bedroom apartments and condos in Los Angeles (about $2,010).
Typical $2,010This home $2,280
$1,600$2,890
From 1,755 one-bedroom apartments and condos listed in Los Angeles on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$2,010Typical rent for 1-bedroom apartments and condos in Los Angeles
The rent has changed 3 times since it was listed on July 7, from $2,385 to $2,280.
Rent history for this home, newest first
Date
Event
Rent
Change
October 25, 2026
Price change
$2,280+6.3%
+6.3%
July 23, 2026
Price change
$2,145−9.5%
−9.5%
July 17, 2026
Price change
$2,370−0.6%
−0.6%
July 7, 2026
Listed for rent
$2,385
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 1240 Magnolia Ave #408?
Bedrooms
1 bedroom
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$91,200 /year
With your chosen rent-to-income ratio, an annual income of $91,200 is recommended to comfortably afford this 1-bedroom rental priced at $2,280 per month.
