2713 Darwin Ave Los Angeles, CA 90031
- Multifamily properties
- 2,967 SF
Current Use by Public Records
- Multifamily properties
Property Details for 2713 Darwin Ave
- Year built
- 1913
- Property size
- 2,967 SF
- Property type
- Multifamily properties
Description
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.
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.21373
- Latitude
- 34.06769