1638 S Longwood is a massive, highly walkable brand new construction 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, we project an outstanding 5.63% 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!
1638 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 (Lodge Bread, Kismet Rotisserie, Sephora, CorePower Yoga, Erewhon, Salt &' Straw, and many more) 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.
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!
1638 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 (Lodge Bread, Kismet Rotisserie, Sephora, CorePower Yoga, Erewhon, Salt &' Straw, and many more) 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.
Property Details
Price:
$3,399,000
MLS #:
BB25017109
Status:
Active
Baths:
0
Address:
1638 S Longwood Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 27, 2025
State:
CA
ZIP:
90019
Lot Size:
6,592 sqft / 0.15 acres (approx)
Year Built:
2025
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Schools
Interior
Appliances
Dishwasher, Gas Range, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Vinyl
Heating
Central
Exterior
Community Features
Sidewalks
Electric
Standard
Garage Spaces
0.00
Lot Features
Landscaped
Parking Features
Assigned, Attached Carport
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Taxes
$40,768
Tenant Pays
All Utilities
Map
Community
- Address1638 S Longwood Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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1638 S Longwood Avenue
Los Angeles, CA
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