Los Angeles, CA 90019,1636 S Longwood AVE
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Los Angeles, CA 90019,1636 S Longwood AVE
Los Angeles, CA 90019,1636 S Longwood AVE
Los Angeles, CA 90019,1636 S Longwood AVE
Los Angeles, CA 90019,1636 S Longwood AVE
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$ 3,249,000
Est. payment /mo
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1636 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 BB25119199

Construction Status Turnkey

HOA Y/N No

Year Built 2025

Annual Tax Amount $38,969

Lot Size 6,590 Sqft

Property Sub-Type Quadruplex

Property Description

1636 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 5.50% cap rate with 50% of the units already leased!
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 LAR1.5

Interior

Interior Features Open Floorplan, Recessed Lighting, Instant Hot Water

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

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

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Lighting

Parking Features Uncovered

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Total Parking Spaces 10

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


California Regional MLS (CRMLS)
Listed by Cheyenne Womack • Myunits.com Inc. • 805-973-7470
agent

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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1636 S Longwood AVE