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1638 S Longwood Avenue, Los Angeles, CA 90019

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For Sale

$3,399,000

15 beds • 15 baths • 4 half baths • 7,450 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $456.24
    Price per square foot

  • New Construction
    Age

Explore this Property

The 2-4 Unit Specialists are pleased to present 1638 S Longwood, 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 5.63% cap rate. 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! 1638 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 (Lodge Bread, Kismet Rotisserie, Sephora, CorePower Yoga, Erewhon, Salt & Straw, and many more) including the trendy Helms Bakery District! 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.
MLS# BB25017109

Courtesy Of Myunits.com

(818) 859-7242

Property Features

  • Age
    New Construction, New Construction
  • Amenities
    Dock
  • Appliances
    Dishwasher, Microwave, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Modern
  • Floor Covering
    Vinyl
  • Heating System
    Central Furnace
  • Rooms
    Kitchen, Living Room
  • View Type
    City

Map and Directions

Directions to 1638 S Longwood Avenue, Los Angeles, CA 90019

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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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