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1638 S Longwood Ave
Los Angeles, CA 90019 Mid-City

$3,399,000 USD

Apartments For Sale  •  7,450 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,450 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.63 %
  • Zoning LARD1.5
62 Transit Score
86 Walk Score

Highlights

Outstanding projected cap rate of 5.63%! Cash cow.
MASSIVE units (7,450 livable square feet) with premium floorplans.
Walking distance to countless restaurants & convinces in the Midtown Crossing Shopping Center (Planet Fitness, Starbucks, Chipotle, & more).
Multi-dimensional, architecturally impressive exterior. The best curb appeal you'll find on a new construction fourplex!
Boasts ultra-high-end finishes and top-tier construction. This is not your typical fourplex!
Massive balconies with awe-inspiring views of Los Angeles.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $191,506 USD (2025)
Cap Rate: 5.63 %
Total Expenses: $49,838 USD

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

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 13 min - 7.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.9 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 9.6 mi
Bob Hope 24 min - 12.6 mi
Long Beach (Daugherty Field) 35 min - 25.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Lauren Cearley 213-302-8662 Myunits.com
Lauren Cearley 213-302-8662 Myunits.com