1636 S Longwood Avenue

Los Angeles , CA 90019

MLS#: 25587569

$3,099,000

Status: Active
Listing number: 25587569
Listing provided by: Keller Williams Hollywood Hills
Listing agent phone: None
Last update: 9 hours ago
New on site 2 days ago
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Property

Beds

15

Full Baths

None

1/2 Baths

None

Year Built

2025

Sq.Footage

7,462

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 1,757 square feet to nearly 2,000 square feet on the biggest unit. The total livable 7,462 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 and quartz white countertops, large islands that have beautiful waterfalls. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara showers 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. With a total gross square footage of over 8,326, much lower than today's replacement costs and the lowest price per sq ft of $415 that you will find in this area, this property is perfect for investors, dream opportunity for 1031 Buyers and anyone that wants to invest in safe asset at an amazing price. 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. There has been recent sale comp of similar property sold for $3.4 million making this deal very attractive. The property has lots of brand new construction in the neighborhood, giving a modern, sleek and clean vibrant feel to the area, This property is priced very attractively and has a ton of benefits, including long-term appreciation along with Depreciation benefits as well!

Features & Amenities

Interior

  • Total Bedrooms

    15

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Carport

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1513

  • Property Type

    Residential Income

Price

  • Sales Price

    $3,099,000

  • Sq. Footage

    7, 462

  • Price/SqFt

    $415

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Los Angeles

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Listing Courtesy of Daniel Lalezari , Keller Williams Hollywood Hills

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LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


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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 1,757 square feet to nearly 2,000 square feet on the biggest unit. The total livable 7,462 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 and quartz white countertops, large islands that have beautiful waterfalls. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara showers 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. With a total gross square footage of over 8,326, much lower than today's replacement costs and the lowest price per sq ft of $415 that you will find in this area, this property is perfect for investors, dream opportunity for 1031 Buyers and anyone that wants to invest in safe asset at an amazing price. 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. There has been recent sale comp of similar property sold for $3.4 million making this deal very attractive. The property has lots of brand new construction in the neighborhood, giving a modern, sleek and clean vibrant feel to the area, This property is priced very attractively and has a ton of benefits, including long-term appreciation along with Depreciation benefits as well!

1636 S Longwood Avenue

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