2231 S Longwood Ave, Los Angeles, CA 90016
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2231 S Longwood Ave Los Angeles, CA 90016

$4,000,000
  • 20 Beds
  • 20 Baths
  • 8,000 Sq.Ft.
For Sale
$4,000,000 Get Pre-Qualified

Map preview of 2231 S Longwood Ave, Los Angeles, CA 90016

Property Overview: 2231 S Longwood Ave Los Angeles, CA has 20 bedrooms, 20 bathrooms, 8,000 living square feet and 7,654 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This brand new property, which just fell out of escrow, is a fantastic to own as a primary or investment opportunity. It consists of 3 units plus 1 ADU. Each unit offers 5 bedrooms, 5.5 bathrooms, and each has 2 car garage, extra spaces in back also. The addresses are 4997 and 4995 W 23rd St, and 2231 and 2233 Longwood Ave. The property features breathtaking, brand new smooth walls, up-to-date high-quality flooring and design, contemporary kitchen and countertops, and an open view from upstairs. Situated on a large corner lot, a highlight of this property is the ample parking available outside the property line, and each unit has its own 2-car garage. Comps for the area indicate a rental potential of approximately $6000-$7200 per unit for a 5-bedroom setup.

Listed by Julie Olsen | BRE #01435744 | Olsen Realty
Last checked: 12 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
7,654
HOA Dues
$0/mo
Year built
2024
Garage
8 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC24149560
City
Los Angeles
County
Los Angeles
Time on Site
48 days

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Property Details for 2231 S Longwood Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 4
  • Kitchen, Living Room, Main Floor Bedroom, See Remarks
Bathroom Information
  • # of Baths (Full): 20
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5062020018
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: S. Labrea Av, W 21st St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 2231 S Longwood Ave

Last sold on January 7th, 2000
  • September, 2024

  • Sep 1, 2024

    Date

    Active

    CRMLS: OC24173900

    $6,500

    Price

  • Listing provided courtesy of CRMLS

    Eact Rent is between $6,000 to $6,500. This brand new property, which just fell out of escrow, is a fantastic to own as a primary or investment opportunity. It consists of 3 units plus 1 ADU. Each unit offers 5 bedrooms, 5.5 bathrooms, and each has 2 car garage, extra spaces in back also. The addresses are 4997 and 4995 W 23rd St, and 2231 and 2233 Longwood Ave. The property features breathtaking, brand new smooth walls, up-to-date high-quality flooring and design, contemporary kitchen and countertops, and an open view from upstairs. Situated on a large corner lot, a highlight of this property is the ample parking available outside the property line, and each unit has its own 2-car garage. Comps for the area indicate a rental potential of approximately $6000-$7200 per unit for a 5-bedroom setup.

  • July, 2024

  • Jul 21, 2024

    Date

    Active

    CRMLS: OC24149560

    $3,900,000

    Price

  • January, 2000

  • Jan 7, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1996

  • Jul 31, 1996

    Date

    Sold (Public Records)

    Public Records

    $145,000

    Price

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Tax History for 2231 S Longwood Ave

Assessed Value (2020): $472,371
Year Land Value Improved Value Assessed Value
2020 $264,856 $207,515 $472,371

Home Value Compared to the Market

This property vs the competition

2231 S Longwood Ave is listed 233.61% higher than the median list price for the city of Los Angeles which has a median list price of $1,199,000. The median price per/sqft for Los Angeles is $765 and this home is listed at $500 per/sqft which puts the price per square foot 34.64% lower than the median price per square foot for the city of Los Angeles.

About 2231 S Longwood Ave

Detailed summary of property

2231 S Longwood Ave is a single family home located in Los Angeles, CA 90016 and is currently for sale. This house offers 20 bedrooms, 20 bathrooms, roughly 8,000 living square feet, and sits on an approximately 7,654 square foot lot. 2231 S Longwood Ave was first listed on ArdentRealEstateGroup.com on July 21, 2024. The homeowner is currently asking $4,000,000 and was originally asking $3,900,000. The median priced home in Los Angeles is $1,199,000 with a median price per square foot of $765. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 233.61% higher than the median priced home. Local competing homes currently for sale include 6336 Lindenhurst Ave, 6330 Maryland Dr and 6245 Drexel Ave. While the average home in Los Angeles, CA is selling in 106 days, 2231 S Longwood Ave has a days on market of 47 days. There are currently 3972 homes for sale in the Los Angeles real estate market and 2715 of them are single family homes while 1139 of them are condos and 113 are townhomes. For more information on this home for sale at 2231 S Longwood Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2231 S Longwood Ave

Public county record property details
Beds
4
Baths
3
Year built
1923
Sq. Ft.
1,674
Lot Size
7,655
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
155
APN
5062-020-018

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
78
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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Related Resources to 2231 S Longwood Ave

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.