1330 S Longwood Ave - Apartments FOR SALE


Los Angeles, CA 90019- Miracle Mile
$4,199,000 USD
213-302-8662
1330 S Longwood Ave, Los Angeles, CA for Sale
$4,199,000 USD
Apartments - FOR SALE
1/28
null | 5.74% Cap Rate

1330 S Longwood Ave
Los Angeles, CA 90019
Miracle Mile


HIGHLIGHTS

  • Brand-New 2026 Construction Luxury 5-Unit in Prime Miracle Mile / Mid-Wilshire
  • Already 60% Leased at Strong Market Rents, providing immediate income while offering additional lease-up potential
  • Strong 5.74% Pro Forma Cap Rate with projected annual gross rental income of approximately $306,360
  • Two massive 4BD/4BA residences with private rooftop decks, each projected at $5,995/month
  • All Utilities Separately Metered, helping keep operating expenses exceptionally low for a newly built multifamily asset
  • 10 On-Site Parking Spaces — 2 Spaces Per Unit, a major amenity in this dense central-LA location

OVERVIEW

The 5+ Unit Specialists are pleased to present 1330 S Longwood Ave, a massive brand-new 2026 construction luxury 5-unit in prime Miracle Mile / Mid-Wilshire. Already 60% leased at strong market rents, this turnkey asset delivers immediate cash flow with a projected 5.74% cap rate and $306,360 in gross potential annual income. The property features an exceptional unit mix of three spacious 4-bedroom residences and two 3-bedroom residences. The two largest 4-bedroom residences feature private rooftop decks and are projected to achieve $5,995 per month. Each thoughtfully designed unit offers generous living spaces, sleek kitchens and bathrooms, designer finishes, kitchen islands, balconies, central HVAC, in-unit washers and dryers, and abundant natural light. Located on a quiet residential street in the heart of Miracle Mile, Longwood places tenants just minutes from The Grove, LACMA, the Academy Museum, La Brea Tar Pits, Beverly Center, and some of LA’s best shopping, dining, and entertainment. The property also benefits from proximity to major employment centers including Cedars-Sinai Medical Center, Television City, and the broader Mid-Wilshire and Hollywood media corridor, creating strong demand from professionals seeking modern housing in one of LA’s most centrally located neighborhoods. With all utilities separately metered, brand-new systems, 10 on-site parking spaces, and premium low-maintenance construction, 1330 S Longwood offers buyers a rare combination of luxury design, immediate income, and long-term rental strength. Offered at $4,199,000, or approximately $839,800 per unit and $520 per square foot, Longwood represents an exceptional opportunity to acquire a high-quality new construction asset in prime Miracle Mile

FOR SALE DETAILS

PRICE

$4,199,000 USD

PRICE/SF

$521 USD /SF

# OF UNITS

5

PRICE/UNIT

$839,800

CAP RATE

5.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,401 SF

ZONING

LAR2

APN/PARCEL ID

5083020017

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.com IncMore Info
213-302-8662

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Lauren CearleyMyunits.com IncMore Info
213-302-8662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.