For Sale
2705 Darwin Avenue, Los Angeles, CA 90031
2705 Darwin Avenue, Los Angeles, CA 90031
  • $1,275,000
  • $280

Overview

Property ID: HZ16221110
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1906
  • Year Built

Description

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.

  • Address 2705 Darwin Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90031
  • Area 677 - Lincoln Hts
  • Country United States

Details

Updated on May 5, 2024 at 5:21 am
  • Property ID: HZ16221110
  • Price: $1,275,000
  • Land Area: 7280.00 Sqft
  • Garage: 0.00
  • Year Built: 1906
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4555.00
  • Living Area Prefix: Sqft
  • MLS#: PW24058986
  • Office Name: 1VISION REAL ESTATE
  • Agent Name: Jerry Magdaleno
  • MLS Status: Active
  • Agent State License: 01982920
  • IDX Contact Info: 714-474-9105

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 0.00
  • Water Source: Private

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