Longwood Terrace Apartments is a 14-unit multifamily property located at 1683 S. Longwood Avenue in the Mid-City / Mid-Wilshire adjacent area of Los Angeles. Originally constructed in approximately 1964, the property consists of approximately thirteen two-bedroom / one-bath units and one one-bedroom / one-bath unit, offering a functional unit mix… Read More within a centrally located Los Angeles rental market.
The property contains approximately 10,501 square feet of building area situated on an approximately 11,325 square foot LARD 1.5-zoned lot. Longwood Terrace Apartments features approximately 27 parking spaces, providing a notable parking ratio for a property of this size within a dense urban setting. The property also includes a laundry facility for resident convenience.
The building layout, unit mix, and parking configuration support a practical residential offering within an established Los Angeles neighborhood. The predominance of two-bedroom units provides larger floor plans that may appeal to a broad range of renters seeking additional space in a central location. The property’s scale, lot size, zoning, and residential configuration further contribute to its long-term ownership profile.
Located near key Los Angeles business and lifestyle centers, Longwood Terrace Apartments offers proximity to Downtown Los Angeles, Culver City, Koreatown, Beverly Hills, West Hollywood, Century City, Miracle Mile, and the greater Westside. Nearby streets include Pico Boulevard, Olympic Boulevard, La Brea Avenue, Venice Boulevard, and the I-10 Freeway, providing convenient regional connections throughout Central Los Angeles and surrounding areas.
The surrounding Mid-City and Picfair Village neighborhoods feature a mix of restaurants, cafes, neighborhood-serving retail, creative office uses, schools, transit options, and local amenities. The area is known for its central location, neighborhood character, and proximity to established commercial districts throughout Los Angeles.
Longwood Terrace Apartments is positioned within an established multifamily rental area where centrally located housing remains important to residents seeking proximity to services, neighborhood amenities, and regional destinations. The property combines scale, a desirable unit mix, parking, laundry amenities, and a central Los Angeles location within a mature residential setting. Read Less
Property listed by Equity Union, Raymond Rodriguez 310-259-7556
Listing Snapshot
Days Online
15
Last Updated
Property Type
Apartment
Lot Size
0.26 Acres
Year Built
1964
MLS Number
SR26115301
Additional Details
Building
Built in 1964, 1 building, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $107,165
Income
Gross Income: $277,584, Gross ScheduledIncome: $277,584, Net Operating Income: $162,091
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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