Search
2705 Darwin Ave, Los Angeles, CA 90031
Image 2 for 2705 Darwin Ave, Los Angeles, CA 90031
Image 3 for 2705 Darwin Ave, Los Angeles, CA 90031
View Photos

2705 Darwin Ave Los Angeles, CA 90031

$1,275,000
  • 12 Beds
  • 7 Baths
  • 4,555 Sq.Ft.
For Sale
$1,275,000 Get Pre-Qualified
Map preview of 2705 Darwin Ave, Los Angeles, CA 90031

Property Overview: 2705 Darwin Ave Los Angeles, CA has 12 bedrooms, 7 bathrooms, 4,555 living square feet and 7,280 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 | BRE #01982920 | 1Vision Real Estate
Last checked: 8 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 48
Get a $4,781 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,781 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,280
HOA Dues
$0/mo
Year built
1906
Garage
--
Property Type:
Apartment
Status
Active
MLS#
PW24058986
City
Los Angeles
County
Los Angeles
Time on Site
52 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $1,725
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $876
  • Total Rent: $876
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,680
  • Net Operating Income: $76,680
  • Gross Operating Income: $106,680
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $30,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $2,400
  • Insurance: $4,000
  • Maintenance: $10,000
  • Professional Management: $0
  • Water/Sewer: $7,000

Open Houses for 2705 Darwin Ave

No upcoming open houses

Schedule Tour

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2705 Darwin Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5210010017
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: North of Main St
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 2705 Darwin Ave

Last sold on January 11th, 2012

  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: PW24058986

    $1,350,000

    Price

  • December, 2022

  • Dec 30, 2022

    Date

    Delete

    CRMLS: GD22261011

    $1,588,000

    Price

  • Dec 30, 2022

    Date

    Active

    CRMLS: GD22261011

    $1,588,000

    Price

  • Listing provided courtesy of CRMLS

    Restored Craftman property in the heart of Lincoln Heights. Multifamily---6 UNITS TOTAL.... One house with 5 bedrooms, 2 bath and laundry room. Newly built back house has 2 bedroom, 1 bath with central air/heating, laundry room and private backyard. 3rd building is a 4 unit: 2: one bedroom, 1 bath. one of these has their own private laundry area. 2: 2 bedroom 1 bath. (upgraded)....LA CITY RENT CONTROL. PER OWNER: New windows, electric upgrades with permits, plumbing hot/cold upgraded, new water heaters (permitted) clean water sewer line, new roof, new insulation. 5 units have granite counter tops and new tile floors. 6 METERS!!!! A HUGE PLUS. Minutes to Keck Hospital, USC MED CAMPUS, DTLA, PUBLIC TRANSPORTATION, 5 AND 10 FREEWAYS AND DODGER STADIUM. BUYERS/BUYERS AGENT TO VERIFY ALL INFO & EXERCISE YOUR DUE DILIGENCE!!! BUYERS/BUYERS AGENT TO VERIFY ALL INFO & EXERCISE YOUR DUE DILIGENCE!!!

  • July, 2022

  • Jul 29, 2022

    Date

    Canceled

    CRMLS: MB22019840

    $1,450,000

    Price

  • Feb 1, 2022

    Date

    Active

    CRMLS: MB22019840

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    $200,000.00 Price reduction! 6 Unit apartment building, Great location! This property features 1-5 bedroom house, 2-2 Bedrooms and 3-1 Bedroom Units. Great upside in rental income. these apartments offer an attractive 4.25% in place cap rate offering investors immediate cashflow.

  • January, 2012

  • Jan 11, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2010

  • Dec 27, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2705 Darwin Ave

Assessed Value (2020): $899,878
Year Land Value Improved Value Assessed Value
2020 $649,458 $250,420 $899,878

Home Value Compared to the Market

This property vs the competition

2705 Darwin Ave is listed 2.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $279.91 per/sqft which puts the price per square foot 63.84% lower than the median price per square foot for the city of Los Angeles.

About 2705 Darwin Ave

Detailed summary of property

2705 Darwin Ave is a apartment located in Los Angeles, CA 90031 and is currently for sale. This apartment offers 12 bedrooms, 7 bathrooms, roughly 4,555 living square feet, and sits on an approximately 7,280 square foot lot. 2705 Darwin Ave was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,275,000 and was originally asking $1,350,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.08% higher than the median priced home. Local competing homes currently for sale include 505 S Chicago St, 127 N Savannah St and 305 S Mott St. While the average home in Los Angeles, CA is selling in 94 days, 2705 Darwin Ave has a days on market of 48 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2705 Darwin Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2705 Darwin Ave

Public county record property details
Beds
8
Baths
6
Year built
1906
Sq. Ft.
4,785
Lot Size
7,277
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5210-010-017

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

Tour This Home

Buy with Ardent Real Estate Group and save $4,781.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $4,781 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,781 back.

Call/Text (714) 706-1823

Homes for Sale Near 2705 Darwin Ave

Nearby Homes for Sale

3213 Huron St, Los Angeles, CA 90065
$1,300,000
5 Beds
3 Baths
2556 Sq.Ft.
3213 Huron St
Los Angeles, CA 90065
3213 Huron St, Los Angeles, CA 90065
$1,300,000
4 Beds
4 Baths
2556 Sq.Ft.
3213 Huron St
Los Angeles, CA 90065
Open Sat 1pm-4pm
3900 Berenice Pl, Los Angeles, CA 90031
$1,389,000
4 Beds
3 Baths
1847 Sq.Ft.
3900 Berenice Pl
Los Angeles, CA 90031
129 N Soto St, Los Angeles, CA 90033
$1,390,000
16 Beds
20 Baths
14349 Sq.Ft.
129 N Soto St
Los Angeles, CA 90033
2500 E 1st St, Los Angeles, CA 90033
$1,500,000
13 Beds
8 Baths
8578 Sq.Ft.
2500 E 1st St
Los Angeles, CA 90033
Open Sun 1pm-3pm
2314-2316 Elmgrove St, Los Angeles, CA 90031
$1,050,000
4 Beds
3 Baths
-- Sq.Ft.
2314-2316 Elmgrove St
Los Angeles, CA 90031
Open Sun 1pm-3pm
2314-2316 Elmgrove St St, Los Angeles, CA 90031
$1,050,000
4 Beds
2 Baths
1659 Sq.Ft.
2314-2316 Elmgrove St St
Los Angeles, CA 90031
2306 E 3rd St, Los Angeles, CA 90033
$1,099,000
7 Beds
5 Baths
3465 Sq.Ft.
2306 E 3rd St
Los Angeles, CA 90033

Recently Sold Homes Near 2705 Darwin Ave

2031 Sichel St, Los Angeles, CA 90031
$1,856,000 Last Sold Price
12 Beds
8 Baths
5368 Sq.Ft.
2031 Sichel St
Los Angeles, CA 90031
2816 Darwin Ave, Los Angeles, CA 90031
$760,000 Last Sold Price
4 Beds
3 Baths
2504 Sq.Ft.
2816 Darwin Ave
Los Angeles, CA 90031
1806 Mozart St, Los Angeles, CA 90031
$700,000 Last Sold Price
5 Beds
2 Baths
1387 Sq.Ft.
1806 Mozart St
Los Angeles, CA 90031
2131 Mozart St, Los Angeles, CA 90031
$815,000 Last Sold Price
7 Beds
3 Baths
3106 Sq.Ft.
2131 Mozart St
Los Angeles, CA 90031

Related Resources to 2705 Darwin Ave

New Listings in 90031
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call