1259 S Longwood Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1259 S Longwood Avenue,Los Angeles, CA 90019
$4,195,000
  • - Beds
  • - Baths
  • 8,065 sq. ft.
  • Multi-family
  • Active
Listed by: cheyenne womack, lauren cearley
Office: myunits.com inc.844-698-6487
MLS#:BB26205085
Source:CRMLS

Price summary

  • Price:$4,195,000
  • Price per sq. ft.:$520.15

About this home

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 is already 80% leased at market rents, with three of five units occupied, providing immediate income while offering additional upside through the lease-up of the remaining residences. 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 rents reaching as high as $6,095 per month. At stabilization, the property is projected to generate approximately $311,160 in annual gross rental income and a strong 5.86% 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...

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Home facts

  • Year built:2026
  • Listing ID #:BB26205085
  • Added:47 day(s) ago
  • Updated:November 09, 2026 at 12:16 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Kitchen Description:Dishwasher, Disposal, Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
  • Living area:8,065 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:8,065 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Landscaped
  • Architectural Style:Modern

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,195,000
  • Price per sq. ft.:$520.15

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Freezer, Washer
  • Laundry features:Dryer, Inside, Washer
  • Amenities:Balcony, Open Floor Plan, Recessed Lighting

Parking

  • Total parking spaces:10
  • Parking description:4 Carport Space(s)
  • Carport spaces:4
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