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Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 2,495,000

Est. payment | -/mo

4 Beds

4 Baths

2,805 SqFt

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$ 2,495,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,805 SqFt

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. 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

Total Parking Spaces 10

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

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Pendar Moghaddam Nest Seekers #02381056

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

3327 Darwin AVE Los Angeles, CA 90031

Drake Cruz

Key Details

Location

Interior

Exterior

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3327 Darwin AVE