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$2,750,000
Est. payment /mo
3 Beds
2 Baths
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR26115301
Bedrooms 3
Lot Size 0.260 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Longwood Terrace Apartments is a 14-unit multifamily property located at 1683 S. Longwood Avenue in the Mid-City / Mid-Wilshire adjacent area of Los Angeles. Originally constructed in approximately 1964, the property consists of approximately thirteen two-bedroom / one-bath units and one one-bedroom / one-bath unit, offering a functional unit mix within a centrally located Los Angeles rental market. The property contains approximately 10,501 square feet of building area situated on an approximately 11,325 square foot LARD 1.5-zoned lot. Longwood Terrace Apartments features approximately 27 parking spaces, providing a notable parking ratio for a property of this size within a dense urban setting. The property also includes a laundry facility for resident convenience. The building layout, unit mix, and parking configuration support a practical residential offering within an established Los Angeles neighborhood. The predominance of two-bedroom units provides larger floor plans that may appeal to a broad range of renters seeking additional space in a central location. The propertys scale, lot size, zoning, and residential configuration further contribute to its long-term ownership profile. Located near key Los Angeles business and lifestyle centers, Longwood Terrace Apartments offers proximity to Downtown Los Angeles, Culver City, Koreatown, Beverly Hills, West Hollywood, Century City, Miracle Mile, and the greater Westside. Nearby streets include Pico Boulevard, Olympic Boulevard, La Brea Avenue, Venice Boulevard, and the I-10 Freeway, providing convenient regional connections
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 1683 S. Longwood Ave. Los Angeles, CA 90019
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5067006027
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Virtual Tour https://www.youtube.com/watch?v=3dEkLLWiR0s
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Listed by Raymond Rodriguez, DRE#01402283 Equity Union
Nearby School & Business
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