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1040 S Longwood Ave
Los Angeles, CA 90019 Miracle Mile

$2,425,000 USD

Apartments For Sale • 7,962 SF

Property Details

Property Type Apartments
Total Building Size 7,962 SF
Lot Size 0.2 AC
Building Class C
Year Built 1926
Cap Rate 6.92 %
Zoning R1-1-O

70 Transit Score

70 Walk Score

                
                    Highlights
                
                                Two units delivered vacant
                            
                                Two separate duplexes. Prime Mid-City / Longwood Highlands location. Adjacent Hancock Park and Mid-Wilshire area
                            
                                Spacious floor plans. High ceilings, elegant archways, and abundant natural light.

Financial Summary (Proforma)

Net Operating Income: $167,693 USD (2026)

Cap Rate:	6.92 %
Total Expenses:	$60,335 USD

Amenities

Dishwasher
Fireplace
Washer/Dryer Hookup
Hardwood Floors
Sunroom
Carpet
Breakfast Nook
Dining Room

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	13 min	-	6.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	7.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	10.3 mi
Bob Hope	22 min	-	11.7 mi
Long Beach (Daugherty Field)	36 min	-	25.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	AttachedGarage
Included in Rent:	Yes

Andrew Vargas 714-371-3692 Coldwell Banker

1040 S Longwood Ave Los Angeles, CA 90019 Miracle Mile