2705 Darwin Avenue
2705 Darwin Avenue
$1,275,000
12
7
4,555
4,555
$280
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...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.
- Listed by Jerry Magdaleno • DRE #01982920 • Brokerage DRE #02051216 • 1Vision Real Estate • 714-474-9105
Property Details for 2705 Darwin Avenue
Parking Spaces Total
0
Private PoolNo
Total Units6.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4555
Assessor Parcel Number5210-010-017
Property Attached YNtrue
Location
LISTING UPDATED: 05/02/2024 04:35 AM
Property Details for 2705 Darwin Avenue
Status | Active |
---|---|
MLS # | PW24058986 |
Days on Market | 57 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1906 |
County | Los Angeles County |
Location
Building Information for 2705 Darwin Avenue
Building/Complex2705 Darwin AveFloor-Stories2Residences-Pet Policy-Year Built1906Building Size-
Payment Calculator
$7,995 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2705 Darwin Avenue
Property History for 2705 Darwin Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2705 Darwin Avenue
Taxable ValueLand$682,695Additions$263,235Total$945,930
Tax Record2023$12,442 ($1,037 / month)
Home Facts
Total Finished SqFt4,785 SqFtAbove Grade Finished SqFt4,785 SqFtLot Size7,278 SqFtStyleMulti-Family Res (5+ Units)Year Built1906ZoningLARD2CountyLOS ANGELESAPN5210-010-017
Schools near 2705 Darwin Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Griffin Avenue Elementary School PublicK to 5 | ||
Excel Charter Academy Charter6 to 8 | ||
Abraham Lincoln Senior High School Public9 to 12 | ||
Woodrow Wilson Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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