1638 S Longwood Ave | Los Angeles, CA 90019
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- LoopNet Team
1638 S Longwood Ave
Los Angeles, CA 90019
Luxury Mid-City Fourplex | 5.63% Cap Rate · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Outstanding projected cap rate of 5.63%! Cash cow.
- Walking distance to countless restaurants & convinces in the Midtown Crossing Shopping Center (Planet Fitness, Starbucks, Chipotle, & more).
- Boasts ultra-high-end finishes and top-tier construction. This is not your typical fourplex!
- MASSIVE units (7,450 livable square feet) with premium floorplans.
- Multi-dimensional, architecturally impressive exterior. The best curb appeal you'll find on a new construction fourplex!
- Massive balconies with awe-inspiring views of Los Angeles.
PROPERTY FACTS
| No. Units | 4 | Building Size | 7,450 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2025 |
| Building Class | B | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 7,450 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Double Pane Windows
- Freezer
- Handrails
- Instant Hot Water
- Island Kitchen
- Loft Layout
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4.5 | 3 | $5,300 | 1,820 - 2,060 |
| 3+3.5 | 1 | $4,950 | 1,680 |
PROPERTY TAXES
| Parcel Number | 5067-007-038 | Improvements Assessment | $0 |
| Land Assessment | $222,853 | Total Assessment | $222,853 |
PROPERTY TAXES
Parcel Number
5067-007-038
Land Assessment
$222,853
Improvements Assessment
$0
Total Assessment
$222,853
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