2713 Darwin Ave - Apartments FOR SALE


Los Angeles, CA 90031- Lincoln Heights
$799,000 USD
213-261-4944
2713 Darwin Ave, Los Angeles, CA for Sale
$799,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

2713 Darwin Ave
Los Angeles, CA 90031
Lincoln Heights


HIGHLIGHTS

  • 4 existing large l-bedroom units
  • 4 detached ADUs allowed per SB 1211
  • Opportunity to achieve 7+% CAP at market
  • Opportunity Zone Location

OVERVIEW

Opportunity in Lincoln Heights - ADU Potential + Value-Add Play 2713 Darwin Street is a two-story, 2,967 square foot multifamily property located on a 7,407 square foot lot in an Opportunity Zone. The offering has the potential of building 4 detached ADU's allowed per SB 1211-making it a compelling development opportunity. The lot offers ample room for parking and the addition of outdoor amenities such as a BBQ area or dog run. Positioned in the heart of historic Lincoln Heights, the property sits just minutes from Downtown Los Angeles, USC Medical Center, Dodger Stadium, and LA State Historic Park. Residents benefit from proximity to major employment and education centers, including nearby schools like Lincoln High School and Griffin Elementary, with convenient access to the 110, 10, and 1-5 freeways. The existing tenant base enjoys a central, connected location in one of LA's most enduring neighborhoods, attracting long-term renters seeking affordability near the city core. With walkable amenities and a strong rental demand, this property remains consistently occupied. Investors and builders will appreciate the dual play of immediate income and long­term upside. Once the ADUs are completed, the asset is projected to deliver over a 5% CAP rate, or a 7.2% CAP with the existing four units being marked to market rents. This is a rare chance to secure a future-forward asset in a qualified Opportunity Zone.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

4

PRICE/UNIT

$199,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,407 SF

ZONING

RD2

APN/PARCEL ID

5210-010-018

ASK ABOUT THIS PROPERTY

Edan ShalomCentennial AdvisersMore Info
213-261-4944

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Edan ShalomCentennial AdvisersMore Info
213-261-4944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.