2705 Darwin Avenue
Los Angeles, CA 90031
- – beds
- – baths
- – sqft
- 7,280 sqft lot
- 1906 build
- – on site
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.
Last checked:
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Last updated Nov 20, 2024
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MLS# PW24058986 —
The Building
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Year Built:1906
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:4555.00
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Building Area Units:Square Feet
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# of Buildings:3
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Total Number Of Units:6
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Stories Total:2
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# of Separate Gas Meters:6
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# of Separate Water Meters:2
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# of Separate Electric Meters:6
Interior
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Entry Location:front
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Laundry:Gas & Electric Dryer Hookup, Inside, Washer Hookup
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Laundry:1
Location
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Directions:North of Main St
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Latitude:34.06780200
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Longitude:-118.21388500
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LARD2
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7280.0000
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Lot Size Acres:0.1671
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Lot Size SqFt:7280.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:2
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Tax Census Tract:1998.01
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Tax Tract:unk
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Tax Lot:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5210010017
Utilities
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Sewer:Public Sewer
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Water Source:Private
The Community
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Senior Community:No
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Features:Sidewalks, Storm Drains, Street Lights, Suburban
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Pool:None
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Private Pool:No
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Spa Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/6/24
Sep 6, 2024
|
Pending | CRMLS_CA | $1,129,000 | |
|
8/26/24
Aug 26, 2024
|
Price Changed | CRMLS_CA | $1,129,000 | -5.8% |
|
7/10/24
Jul 10, 2024
|
Price Changed | CRMLS_CA | $1,199,000 | -4.0% |
