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1805 S Longwood Ave
Los Angeles, CA 90019

1805 S Longwood Ave · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Centrally Located
  • High End Finishes Through Out
  • Free Standing Single Family Home + Detached Duplex
  • Private Yard Spaces For Each Unit

Executive Summary

Stunning Architectural Triplex in Prime Mid City Los Angeles! This newer construction gated triplex built in 2018 consists of two structures, a free standing two-story home in the front featuring 4 bedrooms, 3.5 bathrooms, 1,902 SF and attached direct access private garage. The two attached side by side two-story units in the back consist of 4 bedrooms, 3.5 bathrooms, 1,562 SF each and uncovered parking spots. All three units feature spacious open floor plans, abundance of natural light, amazing city views from the second levels, high end finishes through out, high ceilings, skylights, recessed lighting, designer tile and hardwood floors, gourmet kitchens with center islands, custom made kitchen cabinets, Quartz counter tops, stainless steel appliances, laundry inside, central A/C and heating, tons of storage space and private yard spaces. The property is centrally located near Hancock Park, Beverly Center, Miracle Mile and Downtown LA. Near shops, restaurants and entertainment, easy freeway access. All units are currently tenant occupied. Please do not disturb the tenants.

PROPERTY FACTS

Price Per Unit $1,000,000
Sale Type Investment
Cap Rate 3.49%
Gross Rent Multiplier 16.03
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Size 5,026 SF
Average Occupancy 100%
No. Stories 2
Year Built 2018
Parking Ratio 1.59/1,000 SF

Site Amenities

  • Controlled Access
  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3.5 3 $5,400 1,562 - 1,902
  • Listing ID: 32263102

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 1805 S Longwood Ave, Los Angeles, CA 90019

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