1638 Longwood Avenue, Los Angeles, CA 90019
  • MLS#: BB25017109 ( Quadruplex )
  • Street Address: 1638 Longwood Avenue
  • Viewed: 1
  • Price: $3,099,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 250
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90019
  • Provided by: Myunits.com Inc.
  • Contact: Lauren Lauren
  • California Regional MLS IDX
  • DMCA Notice
  • 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 builders 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 havent 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.
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Features
Appliances
  1. Dishwasher
  2. Gas Range
  3. Microwave
  4. Refrigerator
Architectural Style
  1. Modern
Association Fee
  1. 0.00
Building Area Total
  1. 7450.00
Carport Spaces
  1. 4.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 134
Electric
  1. Standard
Electric Expense
  1. 1000.00
Entry Location
  1. Front
Fireplace Features
  1. None
Flooring
  1. Vinyl
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1200.00
Heating
  1. Central
Insurance Expense
  1. 4470.00
Laundry Features
  1. Dryer Included
  2. Inside
  3. Washer Hookup
  4. Washer Included
Levels
  1. Three Or More
Lot Features
  1. Landscaped
Netoperatingincome
  1. 176807.00
Newtaxesexpense
  1. 37169.00
Parcel Number
  1. 5067007039
Parking Features
  1. Assigned
  2. Attached Carport
Pool Features
  1. None
Postalcodeplus4
  1. 5548
Property Type
  1. Quadruplex
Property Condition
  1. Turnkey
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 430892089:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 18890.00
Totalexpenses
  1. 45339.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 4.00
Vacancyallowance
  1. 4534
View
  1. City Lights
  2. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 2025
Year Built Source
  1. Builder
Zoning
  1. LARD1.5