Sold

2705 Darwin AVE

LOS ANGELES CA, 90031

$1,050,000


$230.52 per sqft

Sold

12 Beds

7 Baths

4,555 sqft

Multi-family

Built in 1906

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.

PW24058986MR

MLS ID

March 22, 2024

Listed

December 4, 2024

Updated

Map

2705 Darwin AVE
LOS ANGELES CA, 90031

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

7


Laundry Description

Gas Or Electric Dryer Hookup, Inside, Washer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Lincoln Heights


Days on Market

161


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Private


Pool

No


Pool Features

None


Zoning

LARD2

Listing History

Date

Event

Price

12/4/2024

Sold

$1,050,000

11/13/2024

Pending

11/13/2024

Sold

$1,050,000

9/6/2024

Pending

8/26/2024

Price change

$1,129,000

-6%

7/10/2024

Price change

$1,199,000

-5%

6/12/2024

Price change

$1,249,000

-3%

5/2/2024

Price change

$1,275,000

-6%

Listed by Jerry Magdaleno with 1Vision Real Estate
Listing Contact: 714-474-9105 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Elizabeth Alligood & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/4/2024

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