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