
Los Angeles, California 90019
Four units S Longwood Ave is an exceptional fully leased fourplex located in the heart of Mid City-and is perfect for a 1031 exchange buyer. This excellent Mid-City location is centrally positioned to Downtown, Beverly Hills, and Culver City. The property consists of 2-Four Bedrooms and 2-three bedrooms which would make for quick easy rentals and has great curb appeal. The units feature open floor plans, modern kitchens with kitchen appliances, private washer and dryer in each unit , private yards for two of the units, and 8 parking spaces and many more amenities. The utilities are separately metered for gas, electrical and water resulting in lower expenses for the potential buyer. Due to SB-8, a smaller amount of this type are being constructed making this property a a very attractive acquisition.
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and in mint condition. It features modern kitchens, contemporary flooring, and updated systems including separate metering for utilities, requiring no maintenance.
Built in 2021, this property features contemporary open floor plans and modern appliances, offering a turnkey solution for 1031 exchange buyers with minimal immediate capital expenditure required.
The property is uniquely separately metered for gas, electricity, and water, significantly reducing landlord overhead and protecting the net operating income from fluctuating utility costs.
The rare configuration of large four-bedroom and three-bedroom units caters to a high-demand segment of the Mid-City rental market, ensuring low vacancy rates and strong rental yields.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6016, other record living area = 1772.
Because the building is nearly new and already fully leased, there is little opportunity for investors to force appreciation through renovations or immediate rent increases.
With over 6,000 square feet of living space and eight parking spots on a 7,085 square foot lot, the property has high lot coverage, resulting in limited common outdoor areas for tenants.
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 | 6,016 | 4,165.789 |
| Lot Size | 7,085 | 6,696 |
| Price | $2.55M | $956.9K |
| Price per sq ft | $424 | $273 |
| Built year | 2021 | 1937 |
| HOA | $0 | $907 |
| Days on market | 31 | 134 |
Oct 9, 2026
$2,550,000
Initial Listing
Mar 28, 2019
$850,000
Public Record