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Triplex at 3319 Darwin
$1,175,000
3319 Darwin
Los Angeles, Los Angeles, 90031
Triplex · 3 units
Active · 1 days on market

Deal numbers

Est. cap rate
3.3%
Assumed rent, all units
$6,420/mo
Units
3
Price per unit
$391,667
Est. annual NOI
$38,520
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$73,188
Operating expenses
$36,594
Net operating income
$36,594
Annual debt service
$70,356
Annual cash flow
-$33,762
Cash on cash return
-11.5%
Down payment
$293,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Triplex
Bedrooms
6
Bathrooms
3
Building size
2,739 sqft
Lot size
6,300 sqft
Year built
1929
Stories
2
Garage spaces
2
Cooling
None
Pool
None
View
City Lights
Status
Active
Days on market
1
MLS #
244644270

About this property

Incredible House-Hacking Opportunity in Trendy Lincoln Heights! Perfect for Extended Families or Savvy Buyers Looking to Live almost for Free! Welcome to 3319 Darwin Ave, an exceptional multi-structure residential property that perfectly combines classic California charm with modern income-generating power. Situated on a generous 6,300 sq. ft. lot in one of L.A.’s most vibrant neighborhoods, this property delivers ultimate versatility. The Front Residence features a character-filled 3-bedroom, 1-bathroom home filled with classic details—ideal for an owner's main unit or a high-paying long-term rental. Step into the rear of the property to find a huge bonus: a modern, structurally independent second building with an effective build date of 2008. This building houses two additional turnkey units (3 bedrooms and 2 bathrooms total), offering an incredible setup as an upscale Guest Apartment & an A.D.U. Lower maintenance, independent utility potential & modern layouts make these units highly attractive. Why you will love living here: * Live & Earn: Live in the front house & let the rear units cover a massive portion of your mortgage. * Unbeatable Location: Boasting a stellar 97/100 Walk Score, you are just steps away from local artisan coffee shops, parks & North Broadway culture. * Commuter's Dream: Minutes from Downtown L.A., U.S.C. Medical Center & instant freeway access. Whether you are looking for a multi-generational family compound or a smart residential purchase where your tenants build your equity, this property is a must-see.

Location

3319 Darwin

Los Angeles, Los Angeles, CA, 90031

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

3319 Darwin, Los Angeles CA | Multifamily for Sale