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1683 S Longwood Ave
Los Angeles, CA 90019 Mid-City

$2,750,000 USD

Apartments For Sale • 10,501 SF

Property Details

Property Type Apartments
Total Building Size 10,501 SF
Lot Size 0.26 AC
Building Class C
Year Built 1964
Cap Rate 5.44 %
Zoning LARD1.5

70 Transit Score

70 Walk Score

                
                    Highlights
                
                                Approximately 5.44% current cap rate with projected rental upside of approximately ±44% 
                            
                                Potential advantageous seller financing available for qualified investors 
                            
                                Attractive basis relative to replacement cost and competing multifamily sales 
                            
                                Approximately 92.8% two-bedroom unit mix supporting durable long-term tenant demand 
                            
                                Strong in-place cash flow with meaningful embedded NOI growth potential 
                            
                                Clear value-add opportunity through unit turnover, renovations, operational, and capital improvements

Financial Summary (Actual)

Net Operating Income: $149,688 USD (2026)

Cap Rate:	5.44 %
Total Expenses:	$123,177 USD

Amenities

Laundry Facilities
Microwave
Refrigerator

Public Transportation

Commuter Rail	Drive	Walk	Distance
	15 min	-	8.8 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	-	9.2 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	9.7 mi
Bob Hope	27 min	-	12.8 mi
Long Beach (Daugherty Field)	37 min	-	26.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	27
Type:	CoveredTandem
Included in Rent:	Yes

Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union

1683 S Longwood Ave Los Angeles, CA 90019 Mid-City