1801 S Longwood Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
ACTIVE UNDER CONTRACT$1,539,500
1801 S Longwood Avenue, Los Angeles, California 90019
0Bed
0Bath
5,202Sqft
7,089Lot
Year Built
1924
Close
-
List price
$1.54M
Original List price
$1.65M
Price/Sqft
$296
HOA
-
Days on market
-
Sold On
-
MLS number
SR25184736
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.54M(50th), sqft - 5202(50th), beds - undefined(50th), baths - undefined(50th).
We are pleased to present fantastic income opportunity. 7 units two story Building in the great West LA location. Close to Culver City all units are in well-kept conditions, this great 7 unit mix of two(2) units @ 2 bedrooms / 1 bathroom and five(5) units @ 1 Bedroom / 1 Bathroom....... The property has Security parking with 7 spaces and a laundry room, just perfect for an investor who want to update the high incomes of this neighborhood.. this is Bead and butter investment in the prime area of mid-Los Angeles.
Price History
Date
Event
Price
10/08/25
Price Change
$1,539,500-0.7%
08/31/25
Price Change
$1,550,000-6.0%
08/15/25
Listing
$1,649,000
04/30/07
Sold
$630,000
Condition Rating
Poor
The property was built in 1924, making it 100 years old. While the listing states 'all units are in well-kept conditions,' this likely refers to functionality and cleanliness rather than modern updates. No interior images are provided, which strongly suggests that kitchens, bathrooms, and other interior finishes are significantly dated. The visible window AC units indicate a lack of modern central cooling/heating systems. Given its age and the implied need for updates to achieve 'high incomes' in the neighborhood, the property likely requires substantial rehabilitation and modernization of major components and aesthetics to meet current standards, aligning with a 'poor' condition rating.
Pros & Cons
Pros
Strong Income Potential: The property is a 7-unit multi-family building, offering significant rental income potential and a diverse unit mix (two 2-bedroom, five 1-bedroom units) to attract a broad tenant base.
Prime Los Angeles Location: Situated in a 'great West LA location' and 'prime area of mid-Los Angeles,' close to Culver City, ensuring high rental demand and strong potential for property value appreciation.
Desirable Tenant Amenities: Includes 7 security parking spaces and an on-site laundry room, which are highly sought-after features for tenants in a dense urban environment like Los Angeles.
Value-Add Opportunity: The description implies an opportunity to increase income by updating rents to align with the 'high incomes of this neighborhood,' suggesting room for rent growth and improved cash flow.
Well-Maintained Units: All units are described as being in 'well-kept conditions,' indicating a property that is ready for tenants with potentially minimal immediate capital expenditure on unit interiors.
Cons
Historic Property Age: Built in 1924, the property is nearly a century old, which may entail higher ongoing maintenance costs, potential for outdated infrastructure (plumbing, electrical), and compliance issues with modern building codes.
Recent Price Reductions: Multiple price drops from the original listing price suggest the property may have been initially overvalued or is facing challenges in the market, potentially indicating a need for further negotiation or a reassessment of its market value.
Currently Under Contract: The 'Active Under Contract' status means the property is not immediately available for new offers, limiting opportunities for other interested investors unless the current deal falls through.