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2705 Darwin Ave, Los Angeles, CA, 90031

$1,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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2705 Darwin Ave, Los Angeles$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1906
MLS #PW24058986
Lot Size0.17 Acres
StatusActive

About 2705 Darwin Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Stories: 2

Listing Office:

  • Office Name: 1Vision Real Estate
  • Office Phone: (714) 474-9105
  • Listing Agent: Jerry Magdaleno

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Florence Nightingale Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Griffin Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: North of Main St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000

Tax Information:

  • Annual Amount: $11,736
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

2705 Darwin Ave vs Los Angeles

32 DAYS ON ROCKET

-2 Days

$1,350,000

+$374K More

KEY TAKEAWAY

This property is $374K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24058986

Listing Office:

  • Office Name: 1Vision Real Estate
  • Office Phone: (714) 474-9105
  • Listing Agent: Jerry Magdaleno

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 1999Home Sold
$140,000
Jun 29, 1998Home Sold
$73,500

Tax History

YEARPROP. TAXASSESSMENT
2021$11,736$909,200
2020$11,402$899,878
2019$10,861$848,965
2018$10,592$832,320
2017$10,592$816,000

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1213853
5
/10

  • Griffin Avenue Elementary School

  • 2025 Griffin Ave

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-1213854
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.62 miles

  • Public Magnet Grades KG-6

school-card-donut-1213855
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 24.82 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1213856
4
/10

  • Florence Nightingale Middle School

  • 3311 N Figueroa St

  • 1.41 miles

  • Public District Grades 6-8

school-card-donut-1213857
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-1213858
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 0.74 miles

  • Public Magnet Grades 9-12

school-card-donut-1213859
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 1.58 miles

  • Public Magnet Grades 9-12

school-card-donut-1213860
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.10 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,295. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2705 Darwin Ave

What is the listing price of this property?

The listing price of 2705 Darwin Ave property is $1,350,000.

What type of property is this?

The property 2705 Darwin Ave is a condo located in Los Angeles, California, 90031.

Is this property for sale now?

Active Listing: 2705 Darwin Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2705 Darwin Ave are:
Griffin Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Florence Nightingale Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Abraham Lincoln Senior High School: GreatSchools Rating 5/10
Woodrow Wilson Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,736 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 1999 for $140,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2705 Darwin Ave is 1906.

Rocket Homes›California›Los Angeles County›Los Angeles›90031›2705 Darwin Ave

This home is located at 2705 Darwin Ave in Los Angeles, CA and zip code 90031 in the Lincoln Heights neighborhood. This home, which was built in 1906, sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $1,350,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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