fbpx

$1,350,000
12 bed
7 bath
0 Sqft
7,280 Sqft lot

2705 Darwin Avenue, Los Angeles, California 90031

  • Residential Income Property Type
  • 35 Days Time on market
  • 1906 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
PW24058986
$1,350,000
12
7
0 Sqft
1906
7,280 Sqft
Active
Apartment
Click Here
Houses
Virtual Tour
Features
: Sidewalks, Suburban, Street Lights, Stormdrains
0
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90031
2705 Darwin Avenue
2705
Avenue
0
W119° 47' 10''
N34° 4' 4.1''
Additional Information
35
1
2
: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
0
4,555 Sqft
1
0 Sqft
0 Sqft
0.17 Sqft
7,280 Sqft
1
: 2+ Common Walls
0 Sqft
LARD2
5210010017
$0
$0
$0
$10,000
$0
$0
0 Sqft
1
0 Sqft
$0
1
25/03/2024 16:34:51
$0
: Standard
Submit
North of Main St
Destrahan
Harry Hurst
1Vision Real Estate
Jerry Magdaleno
PB21941
PWMAGDJER
$0
2
1
: Item01unitacre
1
1
: Square Feet
: Community Apartment
yes
3
6
6
2
6
1
2
2
Click Here
0
US-06037-N-5210010017-R-N
Apartment
25/03/2024 23:42:47
Darwin
677 - Lincoln Hts
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$