2713 Darwin Ave

2713 Darwin Ave, Los Angeles, CA 90031

  • For Sale $799,000
  • Property Type Multi-Family
  • Property Size 2,967 SF
  • Units 4
  • Lot Size 0.17 Acre
  • Additional Rent Contact for pricing
  • Year Built 1913
  • Date Updated Oct 16, 2024
2713 Darwin Street is a 2967 SF 2 storied building situated on a large 7407 SF lot providing plenty of space to plan for additional amenities for tenants, to maximize rents, or for further development to build additional units. This rare investment opportunity in historic Lincoln Heights neighborhood is centrally located to downtown Los Angeles, Dodger Stadium, Lincoln Park, USC Medical Centre, LA State Historic park. Less than a mile to Lincoln High School, Los Angeles Leadership Academy, Griffin elementary school. Also provides easy access to 110, 5 and 10 Freeways.Builder's Dream! 2713 Darwin Street is a 2,697 square foot, two-story asset situated on a 7,407 square foot lot. The offering includes approved plans for an additional 3 ADUs, one 3-bedroom 2 bath, and two 1 bedroom 1 bath units. There is plenty of space for parking each unit as well as other amenities such as BBQ area or dog run. This rare investment opportunity in the historic Lincoln Heights neighborhood is centrally located to Downtown Los Angeles, Dodger Stadium, Lincoln Park, USC Medical Center, and LA State Historic Park. It is less than one mile to Lincoln High School, LA Leadership Academy, and Griffin Elementary School. Tenants enjoy easy access to the 110 and 10 freeways as well as I5. An investor or builder will benefit from a stabilized income producing asset that upon completion of the three ADUs will operate at close to a 7% CAP and with the possibility of over a 8% CAP rate by exercising a "cash-for-keys" strategy to completely renovate the existing 4 units to market rate.

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Highlights

  • 4 existing large 1-bedroom units
  • 3 ADUs with approved plans RTI
  • Stabilized 6.6% CAP upon completion of ADUs
  • Opportunity to achieve 8.12% CAP at market

Contacts

broker

Edan Shalom

Centennial Advisers

Location

Getting Around

  • Walk Score ®

    84/100 Very Walkable

  • Transit Score ®

    61/100 Good Transit

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Lincoln Heights
  • Zip Code 90031
  • Market Los Angeles

Points of Interest

  • Chinatown Station

    1.29 miles

  • Chinatown

    1.30 miles

  • Los Angeles Union Station

    1.44 miles

  • Mariachi Plaza Metro Station Entrance

    1.45 miles

  • Union Station

    1.46 miles

  • Soto Station

    1.69 miles

  • Civic Center/Grand Park

    1.99 miles

  • Civic Center/Grand Park Station

    2.02 miles

  • Historic Broadway

    2.18 miles

  • Grand Avenue Arts/Bunker Hill

    2.34 miles

  • C & J

    0.15 miles

  • USA Gasoline

    0.43 miles

  • Arco

    0.44 miles

  • Chevron

    0.47 miles

  • 76

    0.51 miles

  • Sinclair

    0.51 miles

  • Shell

    0.53 miles

  • Mobil

    1.16 miles

  • Electric Vehicle Charging Station

    5.36 miles

  • Parking electrique

    8.58 miles

  • P14 LA General MC Parking

    0.36 miles

  • P5P21 LA General MC Parking

    0.41 miles

  • P10 Parking

    0.45 miles

  • P10 LA General MC Parking Structure

    0.47 miles

  • P5 LA General MC Visitor Parking

    0.65 miles

  • P12 LA General MC Parking Structure

    0.71 miles

  • P9 LA General MC Parking Structure

    0.83 miles

  • Metro Park and Ride

    1.00 miles

  • Division 13 Bus Operations and Maintenance Facility

    1.21 miles

  • Bamboo Plaza Parking

    1.32 miles

  • Lincoln Park Motel

    0.76 miles

  • The Royal Pagoda

    1.30 miles

  • Best Western Plus Dragon Gate Inn

    1.48 miles

  • Metro Plaza Hotel

    1.53 miles

  • The PodShare - Downtown Los Angeles Location

    1.78 miles

  • New Daimaru Hotel

    1.94 miles

  • Little Tokyo Hotel

    1.94 miles

  • Miyako Hotel

    1.98 miles

  • DoubleTree by Hilton Hotel Los Angeles Downtown

    2.04 miles

  • Super 8 by Wyndham Los Angeles Downtown

    2.16 miles

  • Dino's Burgers

    0.14 miles

  • Burro's Breakfast Burritos

    0.15 miles

  • Five Star Chinese Food

    0.39 miles

  • King Taco

    0.41 miles

  • KFC

    0.42 miles

  • Jack in the Box

    0.44 miles

  • El Huarachito

    0.45 miles

  • Tacos Chapalita

    0.45 miles

  • Subway

    0.46 miles

  • WaBa Grill

    0.46 miles

  • Griffin Avenue Elementary School

    0.09 miles

  • Sacred Heart High School

    0.15 miles

  • Our Lady Help of Christians School

    0.21 miles

  • California College of Medicine

    0.33 miles

  • Los Angeles County College of Nursing and Allied Health

    0.34 miles

  • Albion Elementary School

    0.38 miles

  • Gates Elementary School

    0.57 miles

  • University of Southern California Health Sciences Campus

    0.64 miles

  • School of the Little Flower

    0.65 miles

  • Bishop Medical Teaching and Research

    0.74 miles

  • Gates Early Education Center

    0.59 miles

  • San Antonio de Padua Academy Preschool

    1.08 miles

  • Artemisia Nursery

    2.30 miles

  • Centro de Ninos

    3.61 miles

  • Neighborhood Nursery School

    3.82 miles

  • Komitas

    4.77 miles

  • HIC Daycare

    4.98 miles

  • Morning Star Education Center

    5.63 miles

  • Ralph M. Parsons Preschool

    5.80 miles

  • Top Kids Pre-School

    6.11 miles

Frequently Asked Questions

How much does 2713 Darwin Ave cost?

The space currently listed for sale at 2713 Darwin Ave asks for $799,000.

What is the total square footage of 2713 Darwin Ave?

2713 Darwin Ave totals 2,967 square feet.

When was this property built?

2713 Darwin Ave was built in 1913.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Edan Shalom

Centennial Advisers