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$ 2,495,000
Est. payment /mo
New
3327 Darwin AVE Los Angeles, CA 90031
4 Beds
4 Baths
2,805 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,805 sqft
Price per Sqft $889
MLS Listing ID 26996373
Bedrooms 4
HOA Y/N No
Year Built 1941
Lot Size 0.321 Acres
Property Description
RARE VACANT FOUR-UNIT DEVELOPMENT OPPORTUNITY IN LINCOLN HEIGHTS! Exceptional opportunity to acquire a vacant four-unit multifamily property situated on an approximately 14,000 SF lot across two adjoining parcels. The property features four 1-bedroom/1-bathroom units, totaling approximately 2,805 Sq ft of existing building area. Delivered vacant, the property provides immediate flexibility for investors, owner-users, or developers without the complexities of tenant relocation.A significant component of the opportunity is the property's inclusion in the Darwin Apartments development, featuring RTI-approved entitlements for a 70-unit affordable housing development with approximately 36,507 SF of proposed floor area across five stories. The property may also offer potential for approximately 22 additional units, subject to zoning, approvals, entitlements, and verification with the City of Los Angeles.Conveniently located in Lincoln Heights with access to Downtown Los Angeles, major transportation corridors, shopping, dining, and neighborhood amenities. A rare combination of a vacant four-unit property, approximately 14,000 SF of land, and substantial development potential.Buyer to independently verify all zoning, entitlements, development potential, unit count, square footage, permitted uses, and development plans with the City of Los Angeles.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LARD2
Interior
Heating None
Fireplaces Type None
Fireplace No
Exterior
Parking Features Carport, Detached Carport
Pool None
View Y/N No
View None
Private Pool No
Building
Faces East
Story 1
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5211003027
Special Listing Condition Standard
Listed by Pendar Moghaddam Nest Seekers #02381056
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