Los Angeles, CA 90019,1638 S Longwood AVE
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Los Angeles, CA 90019,1638 S Longwood AVE
Los Angeles, CA 90019,1638 S Longwood AVE
Los Angeles, CA 90019,1638 S Longwood AVE
Los Angeles, CA 90019,1638 S Longwood AVE
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$ 3,099,000
Est. payment /mo
Price Dropped by $200K

1638 S Longwood AVE Los Angeles, CA 90019

6,590 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25017109

Construction Status Turnkey

HOA Y/N No

Year Built 2025

Annual Tax Amount $40,768

Lot Size 6,590 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

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Inside

Exterior

Parking Features Attached Carport, Assigned

Carport Spaces 4

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 5067007039

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://www.myunits.com/buy/1638longwood


CRMLS – RECore
Listed by Lauren Cearley Myunits.com Inc. 209-298-6020
agent

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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1638 S Longwood AVE