5 months on rocket

2231 S Longwood Ave, Los Angeles, CA, 90016

$3,750,000

20 Bedrooms
20 Full Baths
8,000 SqFt
$469/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Attached Garage8 spaces
Year Built2024
CoolingCentral Air
FireplaceNone
ViewNone
MLS #OC24149560
Lot Size0.18 Acres
StatusActive

About 2231 S Longwood Ave

This brand new property, which just fell out of escrow, is a fantastic to own as a primary or investment opportunity. It consists of 3 units plus 1 ADU. Each unit offers 5 bedrooms, 5.5 bathrooms, and each has 2 car garage, extra spaces in back also. The addresses are 4997 and 4995 W 23rd St, and 2231 and 2233 Longwood Ave. The property features breathtaking, brand new smooth walls, up-to-date high-quality flooring and design, contemporary kitchen and countertops, and an open view from upstairs. Situated on a large corner lot, a highlight of this property is the ample parking available outside the property line, and each unit has its own 2-car garage. Comps for the area indicate a rental potential of approximately $6000-$7200 per unit for a 5-bedroom setup.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3
  • Living Area: 8,000 SqFt

Listing Office:

  • Office Name: Olsen Realty
  • Office Phone: (949) 735-7094
  • Listing Agent: Julie Olsen

Interior Features

Interior Information:

  • Interior: Bedroom on Main Level
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 20
  • Total Bedroom Count: 20

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: S. Labrea Av, W 21st St

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,750,000
  • Price Per SqFt: $469/SqFt

Tax Information:

  • Annual Amount: $5,884
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

2231 S Longwood Ave vs Los Angeles

153 DAYS ON ROCKET

+115 Days

$3,750,000

+$2.7M More

$469/SqFt

-$171 Less

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $171/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24149560

Listing Office:

  • Office Name: Olsen Realty
  • Office Phone: (949) 735-7094
  • Listing Agent: Julie Olsen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 1996Home Sold
$145,000
Apr 09, 1996Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,884$477,263
2020$5,711$472,371
2019$5,618$463,110
2018$5,499$454,030
2017$5,499$445,129

History based on county public records data.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-792271
4
/10
  • Stella Elementary Charter Academy

  • 2636 S Mansfield Ave

  • 0.43 miles

  • Public Charter Grades KG-3

school-card-donut-792272
3
/10
  • Cienega Elementary School

  • 2611 S Orange Dr

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-792273
5
/10
  • Alta Loma Elementary School

  • 1745 Vineyard Ave

  • 0.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,058. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2231 S Longwood Ave

What is the listing price of this property?

The listing price of 2231 S Longwood Ave property is $3,750,000.

What type of property is this?

The property 2231 S Longwood Ave is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 2231 S Longwood Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,884 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 1996 for $145,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2231 S Longwood Ave has 20 bedrooms and 20 bathrooms.

What is the square footage of this property?

The property 2231 S Longwood Ave is 8,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2231 S Longwood Ave is 2024.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900162231 S Longwood Ave

This home is located at 2231 S Longwood Ave in Los Angeles, CA and zip code 90016 in the Mid-City neighborhood. This 8,000 square foot home, which was built in 2024, sits on a 0.18 acre lot. Features: 20 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since July 21, 2024 and is currently priced at $3,750,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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