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Sold for $2,400,000
  • $2,400,000

    1040 S Longwood Ave, Los Angeles, CA 90019

    10beds
    8baths
    7,962sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $2,402,600 Zestimate®
    $301/sqft
    $2,966 Estimated rent

    Home value

    $2,402,600

    $2.28M - $2.52M

    $2,966/mo

    Zestimate® history
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    What's special

    Situated on a tree-lined street in the coveted Mid-City and Longwood Highlands area, 1040 S. Longwood Ave. is an exceptional income property consisting of two separate duplexes on an oversized 8,922 square foot corner lot. With high ceilings, elegant archways, and abundant natural light throughout, the property reflects the timeless charm, an ideal opportunity for an owner/user, with two units delivered vacant. The Longwood building offers a 3-bedroom, 2-bath unit upstairs and a 3-bedroom, 2-bath unit downstairs. Both feature spacious, high-ceiling living rooms with decorative fireplaces and large windows overlooking the quiet street, plus a sunroom off the living room that makes an excellent home office or yoga room. A gracious formal dining room opens to the living room, and a charming breakfast nook includes built-ins. The second building on Edgewood holds two updated 2-bedroom, 2-bath units, each with a large high-ceiling living room with decorative fireplaces and floor-to-ceiling window, a sunroom home office or yoga room, a formal dining room with large windows, and a breakfast nook overlooking the courtyard. Between the buildings, a lush gated courtyard offers a tranquil sitting area perfect for entertaining, accessible to all four units. Two attached garages complete the property. Miracle Mile and Hancock Park adjacent. Just minutes from Larchmont Village, Koreatown, Downtown LA, and the Westside. Nearby attractions include LACMA, the Academy Museum, the Petersen Automotive Museum, The Grove, the Larchmont Farmers Market, and the Wilshire/La Brea Metro D Line station.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Vargas DRE # 01982874 424-253-4096,

    Coldwell Banker Realty 310-777-6200

    Bought with:

    Becky Hurwitz, DRE # 02132012

    Sotheby's International Realty

    Source: CLAW,MLS#: 26853071MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Range/Oven
    • Laundry: In Unit, Laundry Room, Gas Dryer Hookup
    Features
    • Flooring: Wood, Carpet
    Interior area
    • Total structure area: 7,962
    • Total interior livable area: 7,962 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage - 3 Car, Garage Is Attached
    • Has attached garage: Yes
    Features
    • Levels: One
    Lot
    • Size: 8,921 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5083005017
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Multi Family
    Condition
    • Year built: 1926

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $301/sqft
    • Tax assessed value: $2,677,500
    • Date on market: 7/6/2026

    Price history

    DateEventPrice
    7/31/2026Sold$2,400,000-1%$301/sqft
    Source: CLAW #26853071 Report a problem
    7/28/2026Pending sale$2,425,000$305/sqft
    Source: CLAW #26853071 Report a problem
    7/18/2026Contingent$2,425,000$305/sqft
    Source: CLAW #26853071 Report a problem
    7/6/2026Listed for sale$2,425,000-4.9%$305/sqft
    Source: CLAW #26853071 Report a problem
    5/28/2026Listing removed$2,549,000$320/sqft
    Source: CLAW #26643053 Report a problem
    3/17/2026Price change$2,549,000-8.8%$320/sqft
    Source: CLAW #26643053 Report a problem
    1/27/2026Listed for sale$2,795,000+6.5%$351/sqft
    Source: CLAW #26643053 Report a problem
    9/15/2023Sold$2,625,000-9.3%$330/sqft
    Source: Public Record Report a problem
    8/31/2023Pending sale$2,895,000$364/sqft
    Source: CLAW #23-282589 Report a problem
    8/18/2023Contingent$2,895,000$364/sqft
    Source: CLAW #23-282589 Report a problem
    7/13/2023Listed for sale$2,895,000$364/sqft
    Source: CLAW #23-282589 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,731,050 +2%
    2025$32,837 +1.1%$2,677,500 +2%
    2024$32,464 +911.1%$2,625,000 +1257.9%
    2023$3,211 +3.7%$193,316 +2%
    2022$3,096 +3%$189,527 +2%
    2021$3,006 -0.4%$185,812 +1%
    2020$3,019 $183,907 +2%
    2019$3,019 +8%$180,302 +2%
    2018$2,795 $176,767 +2%
    2017$2,795 +1.7%$173,302 +2%
    2016$2,749 +6.3%$169,905 +1.5%
    2015$2,587 -0.3%$167,354 +2%
    2014$2,593 $164,077 +5.3%
    2010-- $155,825 -0.2%
    2009-- $156,197 +2%
    2008-- $153,135 +4%
    2006-- $147,191
    2005-- $147,191 +4%
    2004-- $141,478 +3.9%
    2002-- $136,163 +4%
    2000-- $130,878
    Find assessor info on the county website

    Neighborhood: Mid City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,402,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,402,600