Properties

Los Angeles, CA 90019 1040 S Longwood Avenue

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Presented By: Michael A Salerno with Michael Anthony Salerno;
  • MLS# 26643053
  • 01/26/2026
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  • Beds • 10
  • Baths • 3
  • SQFT • 7,962

Home Details

PRICE REDUCED!!! Beautiful 4 units located on a tree lined street in Longwood Heights. GREAT FOR AN OWNER/USER. The property consists of 2 duplexes that sit on an oversized 8,922 square foot corner lot. TWO UNITS WILL BE DELIVERED VACANT. Huge units with excellent upside in the rents. Low cost per square foot - $320/SF. The upstairs unit on Longwood is 3 bedroom + 3 bath and the downstairs unit is 3 bedroom + 2 bath. These units have large living rooms with fireplaces. There is a sunroom off the living room that can be used as an office. There is a large dining room that opens to the living room and a small breakfast nook. The downstairs unit has hardwood floors and carpet. The square footage for the Longwood building is 4,694 sq.ft. The building on Edgewood Place consists of two 2 bedroom + 2 bath units. The units have large living rooms with a fireplace, formal dining room and a small breakfast nook. The square footage for the Edgewood is 3,268 sq.ft. There is a beautiful courtyard that sits between the buildings that all 4 units have access to from the back doors. The property is located a short distance from Miracle Mile, Hancock Park, Larchmont Village, shops and restaurants.
Presented By: Michael A Salerno with Michael Anthony Salerno;

Interior Features for 1040 S Longwood Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NNo
FlooringCarpet, Wood
Heating Y/NYes
Interior AmenitiesWalk-In Closet(s)
Laundry FeaturesLaundry Room
Total Stories

General for 1040 S Longwood Avenue

AppliancesRefrigerator
Attached Garage Yes
CityLos Angeles
CoolingNone
CountyLos Angeles
Directions1 block south of Olympic, 1 block east of Highland. On the northeast corner of S. Longwood and Edgewood Place
Full Baths
Gross Income194496
HOANo
HeatingForced Air, Fireplace(s)
Insurance Expense4167
LevelsOne
Living Area7962
Lot Size Square Feet8922
Lot Size UnitsSquare Feet
MLS AreaC18 - Hancock Park-Wilshire
MaintenanceExpense6460
Net Operating Income145333
New ConstructionNo
Number Of Units Total4
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Taxes$30,000
Water Sewer Expense4596
Year Built1926
ZoningLAR1

Exterior for 1040 S Longwood Avenue

Building Area Total7962
Lot Size Acres0.2048
Lot Size Area8922
Number of Buildings2
Total Parking3

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,549,000
MLS#26643053
List Date 01/26/2026
Property Type Multi-Family
Phone 888.795.6274
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