2705 Darwin Avenue
Los Angeles, CA, 90031
$1,129,000
Beds
0 Baths
SqFt
0.17 Acres
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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.

Property Details

Price:
$1,129,000
MLS #:
PW24058986
Status:
Pending
Baths:
0
Address:
2705 Darwin Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Mar 22, 2024
State:
CA
ZIP:
90031
Lot Size:
7,280 sqft / 0.17 acres (approx)
Year Built:
1906
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0-1 Unit/ Acre
Parking Spots
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Stories Total
2
Water Source
Private

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2705 Darwin Avenue
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