5-Unit Apartment Building with Rooftop
New
For Sale
$4,195,000
1259 S Longwood Avenue, Los Angeles, CA 90019
Newly built residences feature private balconies, in-unit laundry, central HVAC, and separately metered utilities.
Property Size8,065 SF
Price / SF$520.15
Days on Market3
Property Features for 1259 S Longwood Avenue
General Information
Standard status
Active
Size
8,065 SF
Total Parking Spaces
10
Property subtype
Mixed Use
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 4BR, 2 x 3BR
Multifamily Units
5
Parking per Unit
2
Additional Details
Asking Price
$4,195,000
Amenities
private rooftop decks
balconies
central HVAC
in-unit washers and dryers
kitchen islands
Building Details
Building Size
8,065 SF
Year Built
2026
Listing Agency:
Myunits.com Inc.
Listed By:
Cheyenne Womack · License #02064825
(805) 973-7470
Source:
Truthrealty
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com Inc.
Investment Insights
Based on property information with market context.
Completed in 2026, this five-residence apartment property contains approximately 8,065 square feet. The unit mix comprises three four-bedroom apartments and two three-bedroom apartments, ranging from approximately 1,186 to 1,966 square feet. Interiors include modern kitchens with islands, updated bathrooms, balconies, central HVAC, and in-unit washers and dryers. Two of the four-bedroom, four-bathroom residences have private rooftop decks. The property has 10 on-site parking spaces and separately metered utilities, and may be delivered with or without tenants.
The property is on S Longwood Avenue in Los Angeles, within the Miracle Mile and Mid-Wilshire area. Nearby destinations listed include LACMA, The Grove, the Academy Museum, Beverly Center, and Cedars-Sinai. The source also projects a 6.15% pro forma cap rate at stabilization.
The property is on S Longwood Avenue in Los Angeles, within the Miracle Mile and Mid-Wilshire area. Nearby destinations listed include LACMA, The Grove, the Academy Museum, Beverly Center, and Cedars-Sinai. The source also projects a 6.15% pro forma cap rate at stabilization.
Key Highlights
- Five apartments totaling approximately 8,065 square feet
- Unit mix: three 4‑bedroom residences and two 3‑bedroom residences
- Two 4‑bedroom/4‑bathroom residences include private rooftop decks
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,719
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly built residences feature private balconies, in-unit laundry, central HVAC, and separately metered utilities.
Where is this apartment building located?
The property is located at 1259 S Longwood Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,195,000.
What are key features of this property?
This property features: Five apartments totaling approximately 8,065 square feet; Unit mix: three 4‑bedroom residences and two 3‑bedroom residences; Two 4‑bedroom/4‑bathroom residences include private rooftop decks
