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.
Sold for $1,050,000 on 11/27/24
Listing Provided by:
Jerry Magdaleno DRE #01982920 714-474-9105,
1Vision Real Estate
Bought with: Vylla Home, Inc.
$1,050,000
2705 Darwin Ave, Los Angeles, CA 90031
12beds
7baths
4,555sqft
Multi Family
Built in 1906
-- sqft lot
$-- Zestimate®
$231/sqft
$3,575 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 12:28pm
Listing Provided by:
Jerry Magdaleno DRE #01982920 714-474-9105,
1Vision Real Estate
Bought with:
Steven Soylemez, DRE #01254113
Vylla Home, Inc.
Source: CRMLS,MLS#: PW24058986
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,555
- Total interior livable area: 4,555 sqft
Property
Features
- Entry location: front
- Pool features: None
- Spa features: None
Lot
- Size: 7,280 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5210010017
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & neighborhood
Community
- Community features: Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Submit