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Five-Unit Apartment Building with Rooftop Decks

1259 S Longwood Avenue, Los Angeles, CA 90019

For Sale
$4,195,000

Los Angeles, CA

Property Size8,065 SF
Lot Size0.18 Acres
Price / SF$520.15
Days on Market48

Property Features for 1259 S Longwood Avenue

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Bedrooms 18
Bathrooms 17
Full bathrooms 17
Rooms Bedroom 12, Bedroom 6, Bathroom 9, Bedroom 17, Bedroom 2, Bathroom 15, Bathroom 13, Bedroom 1, Bedroom 4, Bathroom 16, Bedroom 14, Bathroom 6, Bathroom 17, Bathroom 1, Bedroom 5, Bedroom 8, Bathroom 12, Bedroom 9, Bedroom 3, Bathroom 2, Bedroom 10, Bedroom 15, Bathroom 7, Bathroom 8, Laundry Room, Bedroom 13, Bedroom 7, Bedroom 18, Bathroom 3, Bathroom 14, Bathroom 10, Kitchen, Bathroom 11, Bathroom 5, Bedroom 16, Bedroom 11, Bathroom 4
Parking 10
Interior features Balcony, Living Room Balcony, Recessed Lighting, Open Floorplan
Appliances Disposal, Microwave, Refrigerator, Electric Range, Electric Oven, Freezer, Dishwasher
Lot features Landscaped
Directions Located on Longwood Ave, North of Pico Blvd.
Subdivision C17 - Mid-Wilshire
Standard status Active
APN 5084024033
Lot size 0.18 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private rooftop decks
balconies
central HVAC
in-unit washer/dryer

Building Details

Year built 2026
Floors in Building 3
Number of units 5
Flooring type Vinyl, Tile
Architectural style Modern
Buildings 1
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Added: Sep 22 Changed: Nov 6 Last Checked: Nov 8 at 7:06AM
MLS# BB26205085

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Under-construction, 2026 apartment property on a 0.1765-acre parcel, with five residences totaling approximately 8,065 square feet. The unit mix includes three four-bedroom homes and two three-bedroom homes, ranging from approximately 1,186 to 1,966 square feet. Two four-bedroom, four-bathroom residences include private rooftop decks; all units have balconies, central HVAC, and in-unit washers and dryers. Kitchens feature islands, and utilities are separately metered.

The property provides 10 on-site parking spaces. It is on S Longwood Avenue in Los Angeles, near The Grove, LACMA, the Academy Museum, Beverly Center, and Cedars-Sinai. Beverly Hills and Hollywood are also identified as nearby destinations.

Three of the five residences are occupied. The stated pro forma cap rate is 5.86%.

Key Highlights

  • Five residences total approximately 8,065 square feet on 0.1765 acres
  • Unit mix: three 4‑bedroom and two 3‑bedroom residences
  • Residence sizes range from approximately 1,186 to 1,966 square feet

Property Analytics

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Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,719
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Modern residences offer private balconies, in-unit laundry, central HVAC, and on-site parking.
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 residences total approximately 8,065 square feet on 0.1765 acres; Unit mix: three 4‑bedroom and two 3‑bedroom residences; Residence sizes range from approximately 1,186 to 1,966 square feet
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