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.
Listed by Edwin Billones
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License #01018335
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Keller Williams Studio City
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15628827199
Listed by George Kpachavi
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License #01839703
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Keller Williams Studio City
Last updated December 05, 2024
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Source: CRMLS #24463535
Listing Facts
TypeMulti-family
NeighborhoodMid City
Bedrooms14
Days on Prevu307
Size6,016 sqft
Price per sqft$507
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/06/2024
Listed by Keller Williams Studio City
$3,050,000
Property Details for 1737 S Longwood Avenue
Exterior
Construction
New Construction: Yes
Number Of Units Total: 4
Roof: Composition, Shingle
Stories: 2
Stories Total: 2
Window Features: Double Pane Windows
Year Built: 2021
Architectural Style: Contemporary
Construction Materials: Stucco
Entry Location: Ground Level w/steps
Exterior Features: Rain Gutters
Features
Direction Faces: East
Patio And Porch Features: Rear Porch, Concrete
View: City Lights
Measurements
Building Area Total: 6,016
Lot Dimensions Source: Assessor
Lot Features: Back Yard
Lot Size Acres: 0.16
Lot Size Area: 7,085
Lot Size Dimensions: 50,141
Lot Size Source: Assessor
Lot Size Square Feet: 7,085
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.5
Gross Income: $198,516.00
Taxes
Parcel Number: 5067011021
Interior
Features
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Trash Compactor, Vented Exhaust Fan, Dryer, Washer
Flooring: Laminate, Tile
Interior Features: Crown Molding, Open Floorplan, Recessed Lighting
Parking Features: Concrete, Door-Multi, Door-Single, Electric Gate, Garage, Paved, Deck
Parking Total: 8
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Forced Air
Has Heating: Yes
Sewer: Sewer Tap Paid
Utilities: Overhead Utilities
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
