6,590 Sqft Lot
6,590 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25017109
Construction Status Turnkey
HOA Y/N No
Year Built 2025
Annual Tax Amount $40,768
Lot Size 6,590 Sqft
Property Description
In addition to the high return and NO RENT CONTROL, it's also important to note that the property boasts separate meters for all utilities, minimal expenses, and a 1-year builder's warranty!
1638 S Longwood is situated walking distance from the convenient Midtown Shopping Center (Target, Sprouts, Michaels, & more) and 2 miles from Culver City and the countless local hotspots and conveniences in the area (Lodge Bread, Kismet Rotisserie, Sephora, CorePower Yoga, Erewhon, Salt & Straw, and many more) including the trendy Helms Bakery District! This neighborhood has rapidly transformed into the hottest rental market in Los Angeles, with several of the most exciting mixed-use developments a short drive from this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Platform, and the Cumulus District (Whole Foods). Thanks to the huge supply of entertainment, tech and creative jobs in Mid-City, 1638 Longwood will attract high quality professional tenants.
Cap rates haven't been this high for several years- now is your time to lock up unheard of good deals! There is no safer investment than Los Angeles new construction multi-family.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
Laundry Washer Hookup, Inside
Exterior
Parking Features Attached Carport, Assigned
Carport Spaces 4
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights, Neighborhood
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5067007039
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "