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1330 S Longwood Ave
Los Angeles, CA 90019
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Brand-New 2026 Construction Luxury 5-Unit in Prime Miracle Mile / Mid-Wilshire
- Strong 5.74% Pro Forma Cap Rate with projected annual gross rental income of approximately $306,360
- All Utilities Separately Metered, helping keep operating expenses exceptionally low for a newly built multifamily asset
- Already 60% Leased at Strong Market Rents, providing immediate income while offering additional lease-up potential
- Two massive 4BD/4BA residences with private rooftop decks, each projected at $5,995/month
- 10 On-Site Parking Spaces — 2 Spaces Per Unit, a major amenity in this dense central-LA location
Executive Summary
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
Property Facts
| Price Per Unit | $1,162,283 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.74% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 13.71 | Building Size | 8,066 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 1.24/1,000 SF |
| Zoning | LAR2 - Two Family Dwellings | ||
| Price Per Unit | $1,162,283 CAD |
| Sale Type | Investment |
| Cap Rate | 5.74% |
| Gross Rent Multiplier | 13.71 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 8,066 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | LAR2 - Two Family Dwellings |
Amenities
Site Amenities
- Laundry Facilities
- Tenant Controlled HVAC
- Roof Terrace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | $5,744 CAD | 1,186 - 1,444 |
| 4+3 | 1 | $6,636 CAD | 1,596 |
| 4+4 | 2 | $8,297 CAD | 1,873 - 1,966 |
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