1040 S Longwood Avenue
Los Angeles, CA, 90019 $ 2,425,000
Bedrooms10 Baths2.0 Sq 7,962 Monthly Estimate*
$ 15,312
Listed by Coldwell Banker Realty
for $2,425,000 with 10 bedrooms and 2 full baths. This 7,962 square foot home was built in 1926 on a lot size of 0.2048.
Situated on a tree-lined street in the coveted Mid-City and Longwood Highlands area, 1040 S. Longwood Ave. is an exceptional income property consisting of two separate duplexes on an oversized 8,922 square foot corner lot. With high ceilings, elegant archways, and abundant natural light throughout, the property reflects the timeless charm, an ideal opportunity for an owner/user, with two units delivered vacant. The Longwood building offers a 3-bedroom, 3-bath unit upstairs and a 3-bedroom, 2-bath unit downstairs. Both feature spacious, high-ceiling living rooms with decorative fireplaces and large windows overlooking the quiet street, plus a sunroom off the living room that makes an excellent home office or yoga room. A gracious formal dining room opens to the living room, and a charming breakfast nook includes built-ins. The second building on Edgewood holds two updated 2-bedroom, 2-bath units, each with a large high-ceiling living room with decorative fireplaces and floor-to-ceiling window, a sunroom home office or yoga room, a formal dining room with large windows, and a breakfast nook overlooking the courtyard. Between the buildings, a lush gated courtyard offers a tranquil sitting area perfect for entertaining, accessible to all four units. Two attached garages complete the property. Miracle Mile and Hancock Park adjacent. Just minutes from Larchmont Village, Koreatown, Downtown LA, and the Westside. Nearby attractions include LACMA, the Academy Museum, the Petersen Automotive Museum, The Grove, the Larchmont Farmers Market, and the Wilshire/La Brea Metro D Line station.
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FeaturesGeneralLiving Area 7962
Heating Forced Air
Cooling None
Zoning LAR1
Architectural Style Spanish
Year Built 1926
Stories Count 1
Levels One
Gross Income 235080
County Los Angeles
Net Operating Income 167693
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South of Olympic Blvd. Corner of Longwood Ave and Edgewood Pl
City Los Angeles
Disclosures Rent Control
Senior Community Y/N false
Number Of Units Total 4
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 8922
Rent Control Y/N true
Standard Status Active
Occupancy Type Owner
Cap Rate 6.92
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InteriorFlooring Carpet Wood
Total Stories 0
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 10
Total Baths 8
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ExteriorParking Features Door-Multi Garage
Total Parking 3
Lot Size Area 8922
Number of Buildings 2
Building Area Total 7962
Lot Size Acres 0.2048
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
andrew@andrewvargas.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,312
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,877,457
Percent of Sale Price 23%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $2,425,000 | | Listed Price |