2705 Darwin Ave, LOS ANGELES, CA

$1,199,000

Previous Next

12

Beds

7

Baths

4,555

Square feet

0.17

Acres

About 2705 Darwin Ave

3 PROPERTIES IN ONE LOT! Step into the heart of Lincoln Heights and discover an exceptional opportunity awaiting you. This remarkable property boasts three distinct buildings: a Single Family Residence, a Four-Plex, and an ADU, each contributing to its unique charm and versatility. The main residence features a spacious layout with 5 bedrooms and 2 bathrooms, while the Four-Plex comprises 3 units offering 1 bedrooms and 1 bathroom, alongside 1 additional units with 2 bedroom and 1 bathroom. The ADU comprises of 2 bedrooms and 1 bath. With such diverse accommodations, this property presents an enticing 4.25% cap rate, providing investors with an immediate avenue for cash flow. Benefiting from recent renovations, including upgraded windows, electrical enhancements with proper permits, plumbing improvements with new water heaters (all permitted), and refreshed water sewer lines, this property ensures both modern comfort and compliance. Additionally, it boasts separate gas/electric meters and 2 water meters for added convenience and efficiency. Perfectly located mere minutes away from USC Medical Campus, Keck Hospital, downtown LA, public transportation hubs, Dodger Stadium, and major freeways, this property offers unparalleled accessibility to key amenities and destinations. Don't miss out on this prime opportunity to acquire a property perfectly poised for both investment and lifestyle in a highly sought-after location. NOTE: Most of the units are being renovated and updated.

Features of 2705 Darwin Ave

MLS® # PW24058986MR
Price $1,199,000
Bedrooms 12
Bathrooms 7.00
Square Footage 4,555
Acres 0.17
Year Built 1906
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 2705 Darwin Ave
Area Lincoln Heights
City LOS ANGELES
County Los Angeles
State CA
Zip Code 90031

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Fireplace No
# of Stories 2
Has Basement No

Additional Information

Date Listed March 22nd, 2024
Days on Market 115
Zoning LARD2
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJerry Magdaleno (01982920)
Office1Vision Real Estate

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?