1636 Longwood Avenue, Los Angeles, CA 90019
Local realty services provided by:ERA North Orange County Real Estate
1636 Longwood Avenue,Los Angeles, CA 90019
$3,099,000
- 15 Beds
- 17 Baths
- 6,845 sq. ft.
- Multi-family
- Active
Listed by:daniel lalezari
Office:keller williams hollywood hills
MLS#:25587569
Source:CRMLS
Price summary
- Price:$3,099,000
- Price per sq. ft.:$452.74
About this home
Welcome to 1636 S Longwood Ave, a 100% FULLY LEASED Non Rent Controlled, High End and Massive Brand New 2025 Construction Fourplex with an unheard of cap rate of 6.05%, yearly gross income of $226,680 and a monthly gross income of $18,890! The property is located in the ultra trendy Mid-City area, just minutes from Culver City, West Adams and highly desirable area due to its centrality and walkability to coffee shops, grocery stores like Target, Sprouts, gyms, shops, entertainment district and many trendy restaurants. The building features an attractive unit mix of Three-4 bedrooms 4.5 baths and 1-3 bedroom 3.5 baths, ranging from 1,600 square feet to 2,052 square feet on the biggest unit. The total livable 6,845 square foot doesn't include a 865 square feet carport area for 8 cars that can potentially be converted to future ADUS. Each unit feature's efficient open floor plans with huge bedrooms, walk in closets, massive balconies and all units have a ton of natural light. All the units features beautiful vinyl flooring with glossy modern white cabinets, quartz white countertops, large islands that have beautiful waterfalls. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles and each unit is separately metered for utilities to lower expenses for a buyer and easy to manage plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles. In addition, the luxury building is located just minutes from the Arts District, Helms Bakery, Cumulus which has the famous Whole Foods, Culver City Steps and Ivy Station, which is home to Apple, Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. The strong and ultra hot rent desirability and comps are being achieved in this neighborhood, largely due to the by the surrounding tech hubs, providing high-paying salary jobs. Mid-City overall is a very hot market, its centralized location makes it convenient to get all neighborhoods such as Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, Westside/Beach cities or Downtown within minutes and much more. There is a recent sale comp of a similar 4plex property, that sold for $3.4 million making this deal very attractive. The neighborhood has lots of brand new construction close by giving a modern, and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits! DON'T MISS OUT on an amazing deal!
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Home facts
- Year built:2025
- Listing ID #:25587569
- Added:126 day(s) ago
- Updated:October 01, 2025 at 05:27 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:17
- Living area:6,845 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2025
- Building area:6,845 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$3,099,000
- Price per sq. ft.:$452.74
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