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For SaleLuxury

$2,495,000

2,805 sqft$889/sqft35 days on market

3327 Darwin Avenue

Los Angeles, CA 90031

· 8% down, 7% APR, 30yr fixed

4

Beds

4

Baths

2,805

Square feet

1941

Built

Listing narrative

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. 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.

Listing agent (MLS): Pendar Moghaddam · Listing brokerage (MLS): Nest Seekers

Property Details

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Price

$2,495,000

Beds

4 bd

Type

House

Home Size

2,805 sqft

Baths

4

Lot Size

0.32 acres

Year

1941

Status

For Sale

Days on Market

35

$ / Sqft

$889

· 8% down, 7% APR, 30yr fixed
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Courtesy of Nest Seekers