$ 1,129,000
2705 Darwin Avenue Los Angeles, CA 90031
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,129,000
Est. payment /mo
Pending
2705 Darwin Avenue Los Angeles, CA 90031
4,555 SqFt
UPDATED:
11/20/2024 09:31 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,555 sqft
Price per Sqft $247
MLS Listing ID CRPW24058986
HOA Y/N No
Year Built 1906
Lot Size 7,280 Sqft
Acres 0.17
Property 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 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 m
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other, Inside
Building
Sewer Public Sewer
Water Private
New Construction No
Others
Tax ID 5210010017
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Listed by Jerry Magdaleno • 1Vision Real Estate