
Los Angeles, California 90019
This 2026 luxury 5-unit asset represents a High-Potential Investment Opportunity, listed at a List Price of $4,199,000, which aligns closely with the $4,197,956 Fair Market Value. Featuring a Mint Condition Rating, this turnkey property offers immediate cash flow with a 5.74% projected cap rate and modern amenities including private rooftop decks and central HVAC. Its prime Miracle Mile location ensures strong rental demand from professional tenants. This is a stable, high-quality acquisition ideal for Buy-and-Hold Investors or Portfolio Managers seeking immediate, low-maintenance income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1330 S Longwood Avenue Subject 0 bd · 0 ba · 8,066 sqft · $520 | $4,199,000* List Price | 0 | 0 | 8,066 | $520 | - |
A 1259 S Longwood Avenue Active 0 bd · 0 ba · 8,065 sqft · $520 · 0.1 mi | $4,195,000 List Price | 0 | 0 | 8,065 | $520 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand-new 2026 construction in mint condition. Features modern designer kitchens and bathrooms, brand-new central HVAC and electrical systems, and requires zero maintenance.
As a 2026 luxury build, the property features brand-new systems and premium finishes, offering a turnkey investment with minimal immediate maintenance requirements and modern tenant appeal.
The asset delivers an impressive 5.74% projected cap rate and is already 60% leased, providing immediate cash flow and long-term rental strength in a high-demand submarket.
Situated in the heart of Miracle Mile near major employment hubs like Cedars-Sinai and Television City, the property is perfectly positioned to attract high-quality professional tenants.
With only 10 on-site parking spaces for five large units—including three 4-bedroom residences—parking may be tight for households with multiple vehicles.
At a list price of $4,199,000 and approximately $839,800 per unit, the property requires significant upfront capital, which may limit the pool of eligible investors.
1330 S Longwood Ave is a massive brand-new 2026 construction luxury 5-unit in prime Miracle Mile / Mid-Wilshire. Already 100% leased at strong market rents, this turnkey asset delivers immediate cash flow with a real 5.68% cap rate and $303,960 in gross potential annual income. The property features an exceptional unit mix of three spacious 4-bedroom residences and two 3-bedroom residences. The two largest 4-bedroom residences feature private rooftop decks and achieved $5,795-$5,995 per month. Each thoughtfully designed unit offers generous living spaces, sleek kitchens and bathrooms, designer finishes, kitchen islands, balconies, central HVAC, in-unit washers and dryers, and abundant natural light. Located on a quiet residential street in the heart of Miracle Mile, Longwood places tenants just minutes from The Grove, LACMA, the Academy Museum, La Brea Tar Pits, Beverly Center, and some of LA’s best shopping, dining, and entertainment. The property also benefits from proximity to major employment centers including Cedars-Sinai Medical Center, Television City, and the broader Mid-Wilshire and Hollywood media corridor, creating strong demand from professionals seeking modern housing in one of LA’s most centrally located neighborhoods. With all utilities separately metered, brand-new systems, 10 on-site parking spaces, and premium low-maintenance construction, 1330 S Longwood offers buyers a rare combination of luxury design, immediate income, and long-term rental strength. Offered at $4,199,000, or approximately $839,800 per unit and $520 per square foot, Longwood represents an exceptional opportunity to acquire a high-quality new construction asset in prime Miracle Mile.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | 8,066 | 4,165.789 |
| Lot Size | 7,401 | 6,696 |
| Price | $4.20M | $956.9K |
| Price per sq ft | $521 | $273 |
| Built year | 2026 | 1937 |
| HOA | $0 | $907 |
| Days on market | 61 | 134 |
Sep 9, 2026
$4,199,000
Initial Listing
Aug 30, 2024
$1,100,000
Public Record