Property Overview: 1315 S Longwood Ave Los Angeles, CA has 64 bedrooms, 64 bathrooms,
3,136 living square feet and 7,533 square feet lot size.
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to verify current availability of this home or
with any questions you may have.
Agent Remarks: Fully remodeled duplex in the pedestrian-friendly Mid-Wilshire area on an expansive lot just north of S. San Vicente Blvd. The upstairs owner's unit has been updated to perfection, featuring high-end flooring and finishes. Both units now include new bathrooms, making it a total of 4 bedrooms and 4 baths. There is potential to add an ADU above the garage. The garage is accessible via a back alley, which opens up the backyard for possible pool installation. The lower unit has also been tastefully remodeled and has been well-maintained as a rental property. Both units come with new HVAC systems, tankless water heater, piping, electrical, and more. Both units will be delivered vacant upon the close of escrow.
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Listed by Ricky Mitchell | BRE #02071069 | The Passman Group, Inc.
Co-listed by David Passman | BRE #01795153 | The Passman Group, Inc.
Last checked: 4 minutes ago |Last updated: September 23rd, 2024 |Source CRMLS |DOM: 26
Home details
Lot Sq. Ft
7,533
HOA Dues
$0/mo
Year built
1932
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24433625
City
Los Angeles
County
Los Angeles
Time on Site
28 days
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Multi-Family Unit Breakdown
Unit Mix Summary
Total # of Units: 2
Total # of Buildings: 1
Unit Breakdown 1
# of Units: 15
# of Beds: 2
# of Baths: 2
Furnishing: Furnished
Total Rent: $0
Pro Forma/Market Rent: $4,200
Unit Breakdown 2
# of Units: 17
# of Beds: 2
# of Baths: 2
Furnishing: Furnished
Total Rent: $0
Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0
Annual Expense Breakdown
Total Operating Expense: --
Open Houses for 1315 S Longwood Ave
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Directions: North of San Vicente Blvd, South of Olympic Blvd, West of Tremaine Ave, East of Highland Ave
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Sale History for 1315 S Longwood Ave
Last sold for $1,400,000 on October 18th, 2022
September, 2024
Sep 2, 2024
Date
Active
CRMLS: 24433625
$2,065,000
Price
October, 2022
Oct 18, 2022
Date
Sold
CRMLS: 219083094DA
$1,400,000
Price
Aug 12, 2022
Date
Active
CRMLS: 219083094DA
$1,496,000
Price
Listing provided courtesy of CRMLS
Investors dream-Fixer Spanish style duplex located in Longwood Highlands area. Very desirable neighborhood close to dining, shopping, entertainment and easy access to the 10 FWY, a very walkable neighborhood. 2 Units- 1 up and 1 down, both have 2-bedrooms with 1-full bath. Units have a living room, dining room, breakfast room and kitchen with washer and dryer hook-ups. Both units also have Central Air and Heat. 2 Full size double car garages with alley access for parking. Great opportunity to remodel and add a possible ADU on the large lot. Both units delivered vacant. Sold as is, no repairs to be done.
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Tax History for 1315 S Longwood Ave
Assessed Value (2020):
$83,877
Year
Land Value
Improved Value
Assessed Value
2020
$36,736
$47,141
$83,877
Home Value Compared to the Market
This property vs the competition
1315 S Longwood Ave is listed 66.25%
higher than the median list price for the city
of Los Angeles which has a median list price of $1,200,000.
The median price per/sqft for Los Angeles is $771
and this home is listed at $636.16 per/sqft which puts the
price per square foot 17.49% lower
than the median price per square foot for the city of Los Angeles.
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About 1315 S Longwood Ave
Detailed summary of property
1315 S Longwood Ave is a multi family located in
Los Angeles, CA 90019 and is currently for sale.
This multi family property offers 64 bedrooms, 64 bathrooms,
roughly 3,136 living square feet,
and sits on an approximately 7,533 square foot lot.
1315 S Longwood Ave was first listed on ArdentRealEstateGroup.com on August 31, 2024.
The homeowner is currently asking $1,995,000 and was originally asking $2,065,000.
The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771.
Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 66.25%
higher than the median priced home.
Local competing homes currently for sale include 1373 S Orange Dr, 4711 St Elmo Dr and 1349 Meadowbrook Ave.
While the average home in Los Angeles, CA is selling in 106 days, 1315 S Longwood Ave has a days on market of 26 days.
There are currently 4139 homes for sale in the Los Angeles real estate market and
2834 of them are single family homes while 1183 of them are condos
and 115 are townhomes.
For more information on this home for sale at 1315 S Longwood Ave Los Angeles, CA 90019
contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.
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Public Facts for 1315 S Longwood Ave
Public county record property details
Beds
4
Baths
2
Year built
1932
Sq. Ft.
3,136
Lot Size
7,530
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
568,569
APN
5084-025-016
The source for these homes facts are from public records.
90019
Real Estate
Sale History
(Last 30 days)
Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$702
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
94
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.