Los Angeles, CA 90019,1638 South Longwood Avenue
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Los Angeles, CA 90019,1638 South Longwood Avenue
Los Angeles, CA 90019,1638 South Longwood Avenue
Los Angeles, CA 90019,1638 South Longwood Avenue
Los Angeles, CA 90019,1638 South Longwood Avenue
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Listed by Lauren Cearley • Myunits.com Inc.
$ 3,099,000
Est. payment /mo
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Price Dropped by $200K

1638 South Longwood Avenue Los Angeles, CA 90019

7,450 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,450 sqft

Price per Sqft $415

MLS Listing ID BB-25017109

Style Modern

Year Built 2025

Lot Size 6,592 Sqft

Property Sub-Type Quadruplex

Property Description

1636 S Longwood is a massive, highly walkable brand new construction FULLY LEASED fourplex in prime Mid-City! This elevated "double duplex" is located on a corner lot walking distance to the countless restaurants and conveniences in the Midtown Crossing Shopping Center (Planet Fitness, Starbucks, Chipotle, Five Guys, Wingstop, Yogurtland & more). With massive balconies, outstanding curb appeal, an unbeatable unit mix of three 4 beds and one 3 bed, and modern finishes and an outstanding REAL 5.71% cap rate! In addition to the high return and NO RENT CONTROL, it's also important to note that the property boasts separate meters for all utilities, minimal expenses, and a 1-year builder's warranty! 1636 S Longwood is situated walking distance from the convenient Midtown Shopping Center (Target, Sprouts, Michaels, & more) and 2 miles from Culver City and the countless local hotspots and conveniences in the area, including the trendy Helms Bakery District! This neighborhood has rapidly transformed into the hottest rental market in Los Angeles, with several of the most exciting mixed-use developments a short drive from this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Platform, and the Cumulus District (Whole Foods). Thanks to the huge supply of entertainment, tech and creative jobs in Mid-City, 1638 Longwood will attract high quality professional tenants. Cap rates haven't been this high for several years- now is your time to lock up unheard of good deals! There is no safer investment than Los Angeles new construction multi-family.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Flooring Vinyl

Fireplaces Type None

Laundry Dryer Included, Inside, Washer Hookup, Washer Included

Exterior

Parking Features Assigned, Attached Carport

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights

Building

Lot Description Landscaped

Sewer Public Sewer


agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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1638 South Longwood Avenue