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1737 S Longwood Ave, Los Angeles, CA, 90019

14beds
10baths
6,016sqft
$2,725,000
$453price/sqft
$18,352/moest. monthly cost
$734,080/yrincome needed

About This Home

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.

Getting Around

87
WalkingVery Walkable
60
TransitGood Transit
63
BikeBikeable

Schools

Construction

Condition

  • New construction: Yes
  • Year built: 2021

Materials

  • Foundation: Raised
  • Roof: Composition,Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Trash Compactor,Vented Exhaust Fan,Dryer,Washer

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 10

Features

  • Crown Molding,Open Floorplan,Recessed Lighting
  • Door features: Sliding Doors
  • Window features: Double Pane Windows
  • Flooring: Laminate,Tile
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,016
  • Total interior livable area: 6,016 sqft

Property

Details

  • Parcel number: 5067011021
  • Lease amount: 0
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Exterior features: Rain Gutters
  • Spa features: None
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 7,085 sqft
  • Features: Back Yard

Parking

  • Total spaces: 8
  • Parking features: Concrete,Door-Multi,Door-Single,Electric Gate,Garage,Paved,Deck
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Uncovered spaces: 5