2021 Darwin Avenue, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 2 bath
ACTIVE$550,000$1,454/sqft
Est. Value: $599,702
9%
BelowEstimate
2021 Darwin Avenue, Los Angeles, California 90031
3Beds
2Baths
1,454Sqft
4,921Lot
Price Vs. Estimate
The estimated value ($599,702.3) is $49,702.3 (9%) higher than the list price ($550,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Development Potential: Zoned LARD2 / R-2, offering significant multi-unit redevelopment potential, complemented by a spacious lot and detached garage ideal for ADU conversion.
Top Cons:
Strict Sale Conditions: Offered 'AS-IS' and 'Cash Only,' with no seller repairs, which narrows the buyer pool and necessitates substantial capital for immediate renovations.
Compared to the nearby listings
Price:$550.0K vs avg $923.0K ($-373,000)6%
Size:1,454 sqft vs avg 1,440 sqft50%
Price/sqft:$378 vs avg $74512%
More Insights
Built in 1901 (125 years old).
Condition: Built in 1901, this property is explicitly described as having 'original features ready for renovation' and 'extensive renovation needs.' The 'Sold AS-IS, Cash Only. Seller Will Make No Repairs' condition indicates significant deferred maintenance and the necessity for substantial repairs and rehabilitation. While not explicitly stated as unlivable or beyond repair, its age and the need for comprehensive modernization place it firmly in the 'Poor' category, requiring major system overhauls and updates throughout.
Year Built
1901
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$378
HOA
-
Days on market
-
Sold On
-
MLS number
DW26011045
Home ConditionPoor
Features
View-
About this home
Investor Special in Prime Lincoln Heights! 3-Bedroom, 2-Bath Single-Level Home on a Spacious Lot with a Long Driveway and Detached Garage—Ideal for Potential ADU conversion. Property offers excellent upside for Investors, Flippers, or Owner-Occupants with vision. Classic layout with original features ready for renovation. Zoned LARD2 / R-2 with potential for multi-unit redevelopment (Buyer to Verify). Centrally located with easy access to major freeways, Downtown LA, USC Health Sciences Campus, Chinatown, Dodger Stadium, and San Antonio Winery. Strong Rental Demand Area. Property Sold AS-IS, Cash Only. Seller Will Make No Repairs. Drive-by Only— Please Do Not Disturb Occupants.
J
Jesus Estrada
Listing Agent
Nearby schools
3/10
Albion Street Elementary School
Public,•K-6•0.2mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.3mi
4/10
Gates Street Elementary School
Public,•K-5•0.7mi
3/10
Ann Street Elementary School
Public,•K-6•0.8mi
4/10
Bridge Street Elementary School
Public,•K-5•1.1mi
2/10
Hillside Elementary School
Public,•K-5•1.3mi
4/10
Loreto Street Elementary School
Public,•K-5•1.3mi
2/10
Murchison Street Elementary School
Public,•K-6•1.4mi
6/10
Multnomah Street Elementary School
Public,•K-5•1.4mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.8mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.3mi
5/10
Glen Alta Elementary School
Public,•K-8•1.5mi
6/10
Hollenbeck Middle School
Public,•6-8•2.2mi
5/10
El Sereno Middle School
Public,•6-8•2.4mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.9mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.8mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.0mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.2mi
Condition Rating
Poor
Built in 1901, this property is explicitly described as having 'original features ready for renovation' and 'extensive renovation needs.' The 'Sold AS-IS, Cash Only. Seller Will Make No Repairs' condition indicates significant deferred maintenance and the necessity for substantial repairs and rehabilitation. While not explicitly stated as unlivable or beyond repair, its age and the need for comprehensive modernization place it firmly in the 'Poor' category, requiring major system overhauls and updates throughout.
Pros & Cons
Pros
High Development Potential: Zoned LARD2 / R-2, offering significant multi-unit redevelopment potential, complemented by a spacious lot and detached garage ideal for ADU conversion.
Strategic Central Location: Situated in prime Lincoln Heights, providing excellent access to major freeways, Downtown LA, USC Health Sciences Campus, and other key urban amenities.
Strong Investment Upside: Marketed as an 'Investor Special' in a high rental demand area, promising substantial equity growth and return on investment for visionary buyers.
Generous Lot Size & Detached Garage: A sizable 4,921 sqft lot with a long driveway and detached garage offers ample space for expansion, parking, and value-add projects.
Accessible Price Point: Listed at $550,000, it presents a relatively affordable entry into the Los Angeles market for a property with significant value-add potential.
Cons
Strict Sale Conditions: Offered 'AS-IS' and 'Cash Only,' with no seller repairs, which narrows the buyer pool and necessitates substantial capital for immediate renovations.
Extensive Renovation Needs: As a 1901 build with original features, the property requires comprehensive renovation and modernization to meet contemporary living standards.
Restricted Property Access: 'Drive-by Only' and 'Do Not Disturb Occupants' limit pre-purchase due diligence and may complicate the acquisition and renovation process.