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California>Los Angeles>Mid City

2231 S Longwood AvenueLos Angeles, CA 90016

For Sale

$3,550,000

Smart Buyer Rebate $35,500

This brand new property, built 2024,, is a fantastic to own as a primary or investment opportunity. It consists of 3 units plus 1 ADU. Each unit offers 5 bedrooms, 5 1/2 bathrooms, and a 2-car garage. The addresses are 4997 and 4995 W 23rd St, and 2231 and 2233 Longwood Ave.
Each unit is approximately 2,000 sq. ft. and currently occupied by a long-term tenant paying $6,000 per unit, with an annual rent increase of 3.5% and a personal guarantee in place.
The property features breathtaking, brand new smooth walls, up-to-date high-quality flooring and design, contemporary kitchen and countertops, and an open view from upstairs. Situated on a large corner lot, a highlight of this property is the ample parking available outside the property line, and each unit has its own 2-car garage.

Listed by Douglas Olsen

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License #01928821

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Olsen Realty

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949-533-0787

Last updated October 21, 2025

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Source: CRMLS #OC25242733

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid City
  • Days on Prevu4

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/19/2025
Price Decreased
$3,550,000
10/18/2025
Listed by Olsen Realty
$3,800,000

Property Details for 2231 S Longwood Avenue

Association

Amenities

  • Community Features: Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 2024
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 8,000
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,654
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 7,654
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5062020018

Interior

Features

  • Interior Features: Bedroom On Main Level

Other

Location

  • Tax Lot: 155

Parking

Parking

  • Garage Spaces: 8
  • Garage: Yes
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

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.

Full MLS Disclaimers

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.