2705 Darwin Ave, Los Angeles, CA 90031
FOR SALE
Listed by Jerry Magdaleno, 1Vision Real Estate, (615) 887-5252

2705 Darwin Ave
Los Angeles, CA 90031

Lincoln Heights
  • 12 Beds
  • 7 Baths
  • 4,555 sqft
  • 12 Beds
  • 7 Baths
  • 4,555 sqft

$1,350,000

Est. Mortgage $8,623/mo*
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Local Information

map showing home location
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Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$296
Listed
34 days ago

Home Details for 2705 Darwin Ave

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 7
Appliances & Utilities
Laundry: Gas & Electric Dryer Hookup,Inside,Washer Hookup
Fireplace & Spa
Spa: NoneNo Spa
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Entry Location: front

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 34

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 5210010017

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $296

Active Status

MLS Status: Active

Media

Virtual Tour (branded)See Virtual Tour

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: PW24058986

Building

Building Area
Building Area: 4555 Square Feet

Community

Community Features: Sidewalks, Storm Drains, Street Lights, SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7280 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas, Insurance

Rental

Has Rent Control

Miscellaneous

Mls Number: PW24058986Attribution Contact: 714-474-9105

Additional Information

SidewalksStorm DrainsStreet LightsSuburban
Last check for updates: about 5 hours ago
Listing Provided by: Jerry Magdaleno DRE #01982920, (714) 474-9105
1Vision Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24058986

Price History for 2705 Darwin Ave

DatePriceEventSource
03/25/2024$1,350,000Listed For SaleCRMLS #PW24058986
01/24/2024$1,200,165Sold
N/A
07/29/2022$1,450,000ListingRemovedCRMLS #MB22019840
05/26/2022$1,450,000PriceChange
CRMLS #MB22019840
02/01/2022$1,650,000Listed For SaleCRMLS #MB22019840
07/07/1999$140,000Sold
N/A
06/29/1998$73,500Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$12,442
Assessment$945,930
Home facts updated by county records

Comparable Sales for 2705 Darwin Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
347 S Avenue 19, Los Angeles, CA
0.34
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$1,050,000
12/26/23
11
6
3,944
1920 Hancock St, Los Angeles, CA
0.31
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$1,001,000
08/29/23
6
5
3,100
3225 Baldwin St, Los Angeles, CA
0.45
Multi-Family Home
$920,000
09/14/23
5
4
3,156
1806 Mozart St, Los Angeles, CA
0.15
Multi-Family Home
$700,000
08/08/23
5
3
1,387
2214 Thomas St, Los Angeles, CA
0.56
Multi-Family Home
$1,025,000
04/20/24
6
3
3,360
1440 Tremont St, Los Angeles, CA
1.14
Multi-Family Home
$1,300,000
10/02/23
14
7
4,836
1450-1454 Ricardo St, Los Angeles, CA
1.07
Multi-Family Home
$1,100,000
12/08/23
7
6
4,026

Neighborhood Overview

Lincoln Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lincoln Heights

  • Aldric G.
    "Dog owners would like walking their dogs around the neighborhood as the blocks are big enough for good walking distances and there is a park nearby for dogs to run around and play."
    0
    Flag
  • Trulia User
    "Easy access to public transportation towards DTLA. No chance of making it to OC or IE with out some difficulty. Being close to DTLA, rush hour traffic isn’t easy to beat."
    1
    Flag
  • Trulia User
    "Unsafe neighborhood with bad public schools. It’s not wise at all to start or raise a family here. "
    0
    Flag
  • Spolan627
    "If you can look past the run down nature of the houses. The neighborhood has a lot of character. The people keep to themselves but there are a lot of families that live here. It's pretty quiet except when the Ice cream truck rolls by. "
    10
    Flag
  • Meghanmarsala
    "There are several green areas to walk your dog to. Lincoln park is a great little pet spot. There are several pet stores in the area"
    2
    Flag
  • Yvette A.
    "This neighborhood isnt for those people that don't like fireworks or whose pets are afraid. Theres a lot of noise here. Especially from May-August"
    1
    Flag
  • Stephanie N. D. A.
    "There is a lot of grass to walk your dog but there is also a lot of old vegetation that tends to over grow and get stuck to your pet and there is also coyotes here from time to time also a lot of stray cats "
    5
    Flag
  • Jamesgleslie
    "Lots of people walk their dogs. Very pleasant during the day. Very different story at night! Dog poo seldomly picked up. Close to hiking path trails and parks. Lots of good grocery stores but not sure if they’re pet friendly. I own a cat but I can tell the neighborhood is cohesively shared with mans best friend. I love it here!"
    4
    Flag
  • Marcella Q.
    "There are occasional carnivals. Very fun. They close the street and you ride attractions. They sell tickets and with them you can ride the attractions. "
    0
    Flag
  • Ashley A.
    "Lately for these specific apartments it’s not that great. It’s not well protected and I say this because I have witnessed people breaking in (homeless & drug users). Nobody is actually caring enough when we report these issues. "
    7
    Flag
  • Gomez_juan_07
    "It’s getting gender equality for all y’all people who don’t lo like to live in downtown but like to be able to be close to downtown and live the fact that they are outing new bars and caffe shops like Starbucks and Tierra Mia and Lincoln highs cafe and bar that we can go and have fun "
    4
    Flag
  • Giselle A.
    "It’s nice and quiet I like it cause people mind there own business and I feel safe around here. Also everything is a close"
    0
    Flag
  • Ashley R.
    "I live near sacred heart and griffin elementary. Kids walk to and from school with their families. I also saw a lot of families out on Halloween. On the weekends it’s somewhat common to see kids playing outside. "
    0
    Flag
  • Estebancamey
    "I’ve lived here for 4 years now and I take my dog for a walk all over the neighborhood and everyone I come across always smiles and says hello."
    6
    Flag
  • Gavilandarriba
    "there some weirdos out her. when the sun goes down make sure your kids are home. every Wednesday there a farmer's market on Broadway. "
    0
    Flag
  • Jorge M.
    "Some people don’t know how to keep there dogs on a leash and don’t know how to pick up after their dogs duty "
    0
    Flag
  • Nick
    "I almost got robbed last time I went back to visit. Good thing I know the area and ran through an alley. Some things never change. "
    0
    Flag
  • peaceful
    "Not the best/safest neighborhood. I enjoy living so close to DTLA & the delicious taco/corn stands, but that's about it. There are no good grocery stores in the area and I can never tell if it's fireworks going off or gunshots. People are really inconsiderate with how loud they are at night, even on week nights. "
    14
    Flag
  • Demi C.
    "I’ve lived here for a year and I love it. It’s away from all the noise but close enough to the more popular areas"
    1
    Flag
  • holly S.
    "Somewhat quiet, clean and near a nice public park with a trail. Near the city but not as much traffic. "
    0
    Flag
  • Laura S.
    "gun shots and drive bys! this is the reality of this neighborhood. check out the citizen app for crime info. "
    0
    Flag
  • Ashley
    "it is 15 min drive to alhambra, Glendale, close to grocery stores, alot od convenient places as well."
    6
    Flag
  • So_sarah89
    "It’s a very quiet and friendly area. Don’t judge a book by its cover with Lincoln Heights. It’s a warm neighborhood."
    4
    Flag
  • Jamienfalcon
    "There are some kids but it’s not the kind of neighborhood where neighbors kids play together. There are regular icecream trucks and vendors around."
    1
    Flag
  • Nena
    "I think its gross that their are dog owners who leave their pets doo doo behind day after day, with no consideration for the neighborhood 🤬 the sidewalks are not your dogs personal bathroom. Pick up after your pets! "
    1
    Flag
  • Emmanuel H.
    "Its a feel good neighborhood with lots to do please don't gentrify it! it has lots of character and the community is fun and the houses are historic one of the oldest communities in Los Angeles "
    1
    Flag
  • Virivette
    "Way too expensive!!!!!!!!!!! no rent control. The neighborhood is a not nice for it to ne so expensive. There's crime and police activity often. Walls full of graffiti. The owners do not care for tennants and don't fix anything. It is bad!!!"
    0
    Flag
  • Steph k.
    "La Chuperia!!! Best burritos and craft beer around ! Super safe place to visit family owned - michaladas are incredible free valet!!"
    5
    Flag
  • Keilatopete
    "Schools are close by within walking distance. There’s a lot of cultural arts programs in Lincoln Park, from music to dance and art. The area is slowly being gentrified. USC school of medicine and pharmacy is slowly taking over: there are a lot of USC affiliated people moving into the neighborhood."
    1
    Flag

LGBTQ Local Legal Protections

Jerry Magdaleno, 1Vision Real Estate
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2705 Darwin Ave, Los Angeles, CA 90031 is a 12 bedroom, 7 bathroom, 4,555 sqft multi-family built in 1906. 2705 Darwin Ave is located in Lincoln Heights, Los Angeles. This property is currently available for sale and was listed by CRMLS on Mar 25, 2024. The MLS # for this home is MLS# PW24058986.