1259 S Longwood Avenue, Los Angeles, CA 90019
sale
$4,195,000
|
Other
Courtesy Of Myunits.com
The 5+ Unit Specialists are pleased to present 1259 S Longwood Ave, a brand-new 2026 construction luxury 5-unit ideally located in prime Miracle Mile / Mid-Wilshire. Comprised of five spacious 3- and 4-bedroom residences totaling approximately 8,065 square feet, the property can be delivered vacant or leased, giving a buyer flexibility over tenant occupancy and lease-up strategy. The property features three 4-bedroom and two 3-bedroom residences, with units ranging from approximately 1,186 to 1,966 square feet. Two oversized 4BD/4BA residences feature private rooftop decks, with projected rents reaching as high as $6,495 per month. At stabilization, the property is projected to generate approximately $323,700 in annual gross rental income and a strong 6.15% pro forma cap rate. Each residence features modern, high-end finishes including sleek kitchens and bathrooms, kitchen islands, balconies, central HVAC, and in-unit washers and dryers. The property also offers 10 on-site parking spaces-two per unit-and separately metered utilities, helping keep landlord-paid expenses low. Located on a quiet residential street in the heart of Miracle Mile, residents are minutes from The Grove, LACMA, the Academy Museum, Beverly Center, Cedars-Sinai, Beverly Hills, Hollywood, and some of LA's best dining, shopping, and entertainment. Offered at $4,195,000, or approximately $839,800 per unit and $520 per square foot, 1259 S Longwood offers buyers a rare combination of brand-new construction, strong projected returns, oversized luxury residences, and flexible delivery in one of Central LA's most desirable rental locations.
Read More About This Property
Read Less About This Property
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: New Construction
- Appliance: Freezer
- Appliance: Electric Oven
- Appliance: Dishwasher
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Disposal
- Appliance: Electric Range
- Architecture Style: Modern
- Building Units: 5
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floors: 3
- Heating System: Central
- MLSID: BB26205085
- Parking Spaces: 10
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Laundry Room
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bathroom 14
- Rooms: Bedroom 6
- Rooms: Bathroom 13
- Rooms: Bedroom 5
- Rooms: Bathroom 16
- Rooms: Bathroom 15
- Rooms: Bedroom 4
- Rooms: Bathroom 10
- Rooms: Bedroom 9
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bedroom 8
- Rooms: Bathroom 17
- Rooms: Bedroom 10
- Rooms: Bedroom 14
- Rooms: Bedroom 13
- Rooms: Bedroom 12
- Rooms: Bedroom 11
- Rooms: Bedroom 18
- Rooms: Bedroom 17
- Rooms: Bedroom 16
- Rooms: Bedroom 15
- Rooms: Kitchen
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$4,995,000
Other
7556 Hesperia Avenue
Reseda, CA 91335
Courtesy Of Evergreen Realty, HomeSmart
sale
$4,199,000
Other
1330 S Longwood Avenue
Los Angeles, CA 90019
Land: 0.17 Acres
Courtesy Of Myunits.com
sale
$3,999,999
Commercial-Other
112 N Gage Avenue
Los Angeles, CA 90063
Land: 18000 Acres
Listed By CENTURY 21 Experience
sale
$3,995,900
Other
2378 W Washington Boulevard
Los Angeles, CA 90018
Courtesy Of Keller Williams Realty N. Tustin