Active
11942 Darlington Ave
Los Angeles CA, 90049
$8,475,000
$586.26 per sqft
Active
24 Beds
22 Baths
14,456 sqft
Multi-family
Built in 1967
PRICE IS FOR TWO PROPERTIES. 11942 & 11948 Darlington Avenue is a generational multifamily investment opportunity in the heart of LA's famed community of Brentwood. Consisting of 2 properties each with their own APN, the buildings boast an ideal unit mix consisting of mostly large 2 bedroom, 3 bedroom and 4 bedroom units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the properties and the majority of the units have been remodeled. The incredible unit mix includes (1) two story 4-bed, 2.5-bath unit, (1) 3-bed, 2 bath unit, (3) 2-bed, 2 bath units, (4) 2-bed, 1.75 bath units, (3) 1-bed, 1 bath units, and (1) efficiency unit. These are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking as well as on-site laundry facilities. Additionally, a large storage room has city approved plans for an approximate 429 square foot ADU that when built could increase gross income by over $30,000 annually (Buyer to verify). A quick stroll to the high-end dining on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
24-389415
MLSⓇ ID
May 8, 2024
Listed
September 5, 2024
Updated
Map
11942 Darlington Ave
Los Angeles CA, 90049
Interior Features
Total Stories
2
Bedrooms
24
Total Bathrooms
22
Appliances
None
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window
Heating
Yes
Heating Description
Wall, Central
Exterior/Building Features
Lot Size
0.34 Acres
Other Property Details
Area Name
Brentwood
Days on Market
120
Garage
No
Parking
Assigned
Parking Total
16
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Jonathan Taksa with Remax Commercial and Investment Realty
Listing Contact: 310-968-5303
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor O'Connor Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/5/2024