2637 S Longwood Avenue, Los Angeles, CA 90016

Property Description

Shovel ready RTI DEVELOPMENT in prime West Adams. The approved project features a meticulously designed new construction fourplex. The unit mix features three 3-bedroom units and one 4-bedroom unit. The strategic unit mix avoids oversupplied larger units by focusing on high-demand configurations for faster lease-up and better tenant retention. This project was designed by an experienced owner-operator to maximize long-term asset performance and reduce management effort. Designed with features that drive leasing and renewals: parking, open layouts, natural light, large windows, wall-to-wall and double closets, shower tubs, large vanities, in-unit washer and dryer. Plans show two garage parking spaces but the buildings were positioned to accommodate 9 parking spaces. Located adjacent to Culver City, West Adams enjoys a central LA location that attracts professionals from tech, entertainment, and creative industries seeking close to urban living in an emerging culinary hotspot. Close to neighborhood restaurants include CENTO Pasta Bar, Mizlala, Alta Adams, Highly Likely Cafe, Chulita, Tartine, Vicky’s All Day, Farmhouse Kitchen, Open Face Food Shop, Maydan Market. This project offers an opportunity to develop thoughtfully designed new construction units in an area with strong rental demand and significant long-term upside.