1737 South Longwood Avenue

Los Angeles, CA 90019

$3,050,000
Price
14
Beds
10
Baths
6,016 Sq. Ft.
$507 / Sq. Ft.
6,016
Sq. Ft.
$507
per Sq. Ft.

Description

1739 S Longwood Ave is an exceptional fully leased fourplex located in the heart of Mid City-and is perfect for a 1031 exchange buyer. This excellent Mid-City location is centrally positioned to Downtown, Beverly Hills, and Culver City. The property consists of 2-Four Bedrooms and 2-three bedrooms which would make for quick easy rentals and has great curb appeal. The units feature open floor plans, modern kitchens with kitchen appliances, private washer and dryer in each unit , private yards for...1739 S Longwood Ave is an exceptional fully leased fourplex located in the heart of Mid City-and is perfect for a 1031 exchange buyer. This excellent Mid-City location is centrally positioned to Downtown, Beverly Hills, and Culver City. The property consists of 2-Four Bedrooms and 2-three bedrooms which would make for quick easy rentals and has great curb appeal. The units feature open floor plans, modern kitchens with kitchen appliances, private washer and dryer in each unit , private yards for two of the units, and 8 parking spaces and many more amenities. The utilities are separately metered for gas, electrical and water resulting in lower expenses for the potential buyer. Due to SB-8, a smaller amount of this type are being constructed making this property a a very attractive acquisition.
  1. Listed by Edwin Billones • DRE #01018335 • Brokerage DRE #01125362 • Keller Williams Studio City
  2. Listed by George Kpachavi • DRE #01839703 • Keller Williams Realty-Studio City

Property Details for 1737 South Longwood Avenue

Water Front
None
Zoning
LARD1.5
Style
Contemporary
Cross Streets
La Brea Ave and Washington Blvd
Parcel Number
5067011021
Total Units
4.0
Living Area
6016
Source Living Area
Plans
LISTING UPDATED: 12/05/2024 12:43 AM

Property Details for 1737 South Longwood Avenue

StatusActive
MLS #24-463535
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.16 AC / 7,085 SF
CountyLos Angeles County

Building Information for 1737 South Longwood Avenue

Stories2Residences-Year Built2021Building Size-Lot Size0.16 AC / 7,085 SF

Property Information for 1737 South Longwood Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
  • Builders Tract Name: ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
Structure Info
Structure Info
  • Year Built Source: Seller
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: Yes
  • View Description: City Lights, Skyline, City
  • View: City Lights
  • Security Features: Carbon Monoxide Detector(s), Automatic Gate, Fire Sprinklers, Firewall(s)
  • Direction Faces: East
  • Property Condition: New Construction
  • Water: Public
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • ADA Compliance: No
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
  • Water Heater Features: Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Conventional
  • Disclosures: Building Permit, Termite - Negotiable
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $192,561
  • Net Operating Income: $170,234.00
  • Gross Income: $198,516
  • Cap Rate: 5.50%
  • Gross Rent Multiplier: $15.30
  • Actual Annual Gross Rent: $198,516.00
  • Actual Gross Annual Income: $198,516
  • Actual Rent Total: $198,516.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Gardener
  • Total Annual Expense: 22327
  • Expense Pest: $800.00
  • Tax Expense: $11,327
  • Gardener Expense: $1,200
  • Insurance Expense: $3,000
Land / Lot Info
Land / Lot Info
  • Land Lease Amount Per Year: $.00
  • Land Lease Expiration Year: 2000
  • Alley: No
  • Lot Acreage: 0.1626
  • Lot Size Square Feet: 7085
  • Lot Size Dimensions: 50 x 141
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Back Yard, Utilities - Overhead
  • Lot Description: Gutters, Automatic Gate, Firewall(s), Back Yard, Lot-Level/Flat, Sidewalks, Street Asphalt, Street Paved, Street Lighting, Utilities - Overhead
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Auto Driveway Gate, Driveway - Concrete, Attached, Deck(s), Garage - 1 Car, Garage - 2 Car, Driveway Gate, Driveway - Pavers
  • Total Parking: 8
  • Covered Parking: 3
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 3
  • Carport Spaces Total: 0
  • Parking Features: Auto Driveway Gate, Concrete, Deck, Garage - Single Door, Garage - Two Door, Paved
  • Attached Garage: Yes
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room, Pantry, Patio Open
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Laminate, Tile
  • Equipment: Dishwasher, Gas Dryer Hookup, Dryer, Garbage Disposal, Microwave, Water Line to Refrigerator, Washer, Vented Exhaust Fan, Trash Compactor, Refrigerator, Range/Oven
  • Interior Features: Crown Moldings, Drywall Walls, Recessed Lighting, Open Floor Plan
  • Room Kitchen Features: Walk-In Pantry
  • Kitchen Features: Quartz Counters, Pantry
  • Room Bathroom Features: Linen Closet/Storage, Tile Counters
  • Bathroom Features: Linen Closet, Shower Over Tub, Tile
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range, Microwave, Range Hood, Oven-Gas
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Volt220 Location: In Laundry
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Exterior Features: Rain Gutters
  • Roof: Composition, Shingle
  • Sprinklers: Sprinkler Timer, Sprinkler System, Front, Rear
  • Door Features: Sliding Doors
  • Patio Features: Balcony, Porch - Rear, Concrete Slab
  • Entry Location: Ground Level w/steps
  • Windows: Double Pane Windows
  • New Construction: Yes
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structural Features: Balcony, Sprinkler System, Sliding Glass Doors, Rain Gutters
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-05-2024
  • Listing Terms: Cash, Cash To Existing Loan, Standard Sale
  • Garage Rental Rate: 0
  • Tenant Pays: Gas, Water, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,825.00
  • Unit Actual Rent: $3,825.00
  • Unit Projected Rent: $3,825.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,299.00
  • Unit Actual Rent: $4,299.00
  • Unit Projected Rent: $4,299.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,120.00
  • Unit Actual Rent: $4,120.00
  • Unit Projected Rent: $4,120.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,299.00
  • Unit Actual Rent: $4,299.00
  • Unit Projected Rent: $4,299.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 0
  • Number of Dishwasher: 4
  • Number of Disposal: 4
  • Number of Drapes: 0
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 0
  • Number Patio: 2
  • Number Range: 4
  • Number Refrigerator: 4
  • Number Rented Garages: 0
  • Number Wall AC: 0
  • Number Water Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $160,829.00
  • Assessed Improvement Percent: 17.65
  • Assessed Land Value: $750,540.00
  • Assessed Land Percent: 82.35
  • Assessed Total Value: $911,369.00

Property History for 1737 South Longwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1737 South Longwood Avenue

Taxable ValueLand$765,550Additions$164,285Total$929,835
Tax Record2024$11,545 ($962 / month)
Home Facts
Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtLot Size7,083 SqFtStyleDuplexZoningLARD1.5CountyLOS ANGELESAPN5067-011-021

Schools near 1737 South Longwood Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Alta Loma Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1737 South Longwood Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on November 6, 2024 by Keller Williams Studio City, it's currently listed at $3,050,000. It has been on the market for a total of 45 days and was last sold on March 28, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 1737 South Longwood Avenue is a 14-bed, 10-bath, 6,016 sqft multi-family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, Edwin Billones, DRE #01018335; Keller Williams Realty-Studio City, George Kpachavi, DRE #01839703

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.