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1330 S Longwood Ave, Miracle Mile/Mid-Wilshire

2026 New Const. 5-Unit
Located in Prime Miracle Mile | 80% leased!

Brand-new luxury in the heart of Miracle Mile and already producing income. 1330 S Longwood Ave is a 2026 construction 5-unit with 80% already leased at strong market rents, supporting a projected 5.74% cap and $306,360 in annual gross income. The premium residences feature designer kitchens and bathrooms, balconies, central HVAC, in-unit laundry, and two massive 4-bedroom units with private rooftop decks. All utilities are separately metered, and the property includes 10 on-site parking spaces. Offered at $4,199,000 just minutes from The Grove, LACMA, Cedars-Sinai, Beverly Hills, and the best of Mid-Wilshire.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Rent Control:

$4,199,000

5-Unit

For Sale

5

2026

5.74%

13.71

$306,360/Year

8,066 sqft

7,401 sqft

$520.58

$839,900

2x 4b/4b +rooftop, 1x 4b/3b, 2x 3b/3b

No

10 Parking Spots

Yes

Other Features:

Rooftop Decks, Kitchen Islands, Balconies, Designer Finishes

The Highlights

  • Brand-New 2026 Construction Luxury 5-Unit in Prime Miracle Mile / Mid-Wilshire

  • Already 80% Leased at Strong Market Rents, providing immediate income while offering additional lease-up potential

  • Strong 5.74% Pro Forma Cap Rate with projected annual gross rental income of approximately $306,360

  • Two massive 4BD/4BA residences with private rooftop decks, each projected at $5,995/month, one already achieved that pro forma price

  • All Utilities Separately Metered, helping keep operating expenses exceptionally low for a newly built multifamily asset

  • 10 On-Site Parking Spaces — 2 Spaces Per Unit, a major amenity in this dense central-LA location

  • Premium new-construction finishes including designer kitchens and bathrooms, kitchen islands, balconies, central HVAC, and in-unit washers/dryers

  • Located just minutes from The Grove, LACMA, Academy Museum, La Brea Tar Pits, Beverly Center, and some of LA’s best dining and retail

  • Prime central location with strong renter appeal and convenient access to Cedars-Sinai, Television City, Mid-Wilshire, Beverly Hills, and Hollywood

The Neighborhood

<15-Minute Walk

Met Him At A Bar, Trejo's Tacos, All Season Brewing Company, PIPS on La Brea, La Brea Bakery / La Brea corridor, La Brea Avenue shopping/design district, Met Her At A Bar, The Mint, Leo’s Tacos Truck

<15-Minute Drive

The Grove, LACMA, République, Oste, Jon & Vinny’s Fairfax, The Original Farmers Market / Fairfax District, Melrose Avenue, Beverly Center, Museum Row, La Brea Tar Pits, Jurassic Magic Coffee, Joan’s on Third

<$15 Uber Ride

Great White, Clark Street Larchmont, Go Get Em Tiger – Larchmont, A.O.C., Marvin, El Coyote, Ggiata Delicatessen, Openaire, Régalade, Osteria Mamma, Max & Helen’s, Here’s Looking At You, Kali

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Contact

Cheyenne Womack

805.973.7470

Lauren Cearley

213.302.8662

Property Presented By:

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