1259 S Longwood AVE, Los Angeles, CA 90019
- $4,195,000
Listed by Cheyenne Womack, 805-973-7470 from Myunits.com Inc.
(If provided) CoList: Lauren Cearley from Myunits.com Inc.
- List Price
- $4,195,000
- MLS#
- CRBB26205085
- Status
- ACTIVE
- Levels
- Three or More Stories
- Lot Size
- 7,690
- Listing Area
- C17 - Mid-Wilshire
- Year Built
- 2026
Property Description
1259 S Longwood Ave is a brand-new 2026 construction luxury 5-unit ideally located in prime Miracle Mile / Mid-Wilshire. Comprised of five spacious 3- and 4-bedroom residences totaling approximately 8,065 square feet, the property can be delivered leased or not, giving a buyer flexibility over tenant occupancy and lease-up strategy. The property features three 4-bedroom and two 3-bedroom residences, with units ranging from approximately 1,186 to 1,966 square feet. Two oversized 4BD/4BA residences feature private rooftop decks, with projected rents reaching as high as $6,495 per month. At stabilization, the property is projected to generate approximately $323,700 in annual gross rental income and a strong 6.15% pro forma cap rate. Each residence features modern, high-end finishes including sleek kitchens and bathrooms, kitchen islands, balconies, central HVAC, and in-unit washers and dryers. The property also offers 10 on-site parking spaces-two per unit-and separately metered utilities, helping keep landlord-paid expenses low. Located on a quiet residential street in the heart of Miracle Mile, residents are minutes from The Grove, LACMA, the Academy Museum, Beverly Center, Cedars-Sinai, Beverly Hills, Hollywood, and some of LA's best dining, shopping, and entertainmen
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Additional Information
- Amenities
- Balcony/Patio, Other
- Cooling System
- Central AC
- Heating System
- Central Forced Air
- Laundry Facilities
- Other, Washer, Dryer
- Levels
- Three or More Stories
- Lot Size
- 7,690
- Neighborhood
- C17 - Mid-Wilshire
- Pool Description
- None
- Style
- Contemporary
- Unincorporated Yn
- Yes
- View
- Neighborhood View
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