Properties
Los Angeles, CA 90019 1737 S Longwood
$2,725,000
46 more
Presented By: George Kpachavi with LPT Realty, Inc; 310-525-0528
Baths • 2
SQFT • 6,016
Garage • 3
Home Details
This fully leased four-unit property on South Longwood Avenue is an excellent opportunity for a 1031 exchange buyer or long-term investor. Located in the heart of Mid-City, the property offers convenient access to Downtown Los Angeles, Beverly Hills, and Culver City. The fourplex features two four-bedroom units and two three-bedroom units, all with open floor plans, modern kitchens with appliances, and in-unit washer and dryers. Two units include private yards, and the property offers eight on-site parking spaces along with strong curb appeal. Gas, electricity, and water are separately metered, keeping operating expenses low. With limited new multifamily construction under SB-8, this well-located asset represents a compelling and increasingly rare investment opportunity.
Presented By: George Kpachavi with LPT Realty, Inc; 310-525-0528
Interior Features for 1737 S Longwood
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Interior AmenitiesCrown Molding, Open Floorplan, Recessed Lighting
Total Stories2
Window FeaturesDouble Pane Windows
Other Rooms
Entry Level1
General for 1737 S Longwood
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Trash Compactor, Vented Exhaust Fan, Dryer, Washer
Architectural StyleContemporary
Building Area UnitsSquare Feet
Cap Rate5.75
Carport Spaces
CityLos Angeles
Community FeaturesCurbs, Storm Drain(s), Street Lights, Sidewalks
Construction MaterialsStucco
ContingencyN/A
CoolingCentral Air
CountyLos Angeles
DirectionsLocated in the heart of Mid City / La Brea Ave and St Elmo Drive
Entry Location1
Garage Spaces3
Garage Y/NYes
Gross Income
HeatingForced Air
Insurance Expense3000
Land Lease Amount
Land Lease Amount FrequencyAnnually
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet7085
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense6000
Net Operating Income170234
New ConstructionYes
Number Of Units Total4
Open Parking Spaces5
Operating Expense0
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Firewall(s), Fire Sprinkler System, Security Gate
Senior Community Y/NNo
SewerSewer Tap Paid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot19
Taxes$11,327
Trash Expense0
UtilitiesOverhead Utilities
ViewCity Lights
Year Built2021
Year Built SourceOwner
ZoningLARD1.5
Exterior for 1737 S Longwood
Building Area Total6016
Door FeaturesSliding Doors
Exterior AmenitiesRain Gutters
Foundation DetailsRaised
Lot FeaturesBack Yard
Lot Size Acres0.1626
Lot Size Area7085
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesConcrete, Door-Multi, Door-Single, Electric Gate, Garage, Paved, Deck
Private PoolNo
SpaNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
