11942 Darlington Avenue, Los Angeles, CA 90049

  • $8,475,000
  • $586
11942 Darlington Avenue, Los Angeles, CA 90049
  • Residential Income
  • Property Type
  • 24
  • Bedrooms
  • 22
  • Bathrooms
  • 14456.00
  • 1967
  • Year Built
For Sale
11942 Darlington Avenue, Los Angeles, CA 90049
  • $8,475,000
  • $586

Overview

Property ID: SGR-31565936
  • Residential Income
  • Property Type
  • 24
  • Bedrooms
  • 22
  • Bathrooms
  • 14456.00
  • 1967
  • Year Built

Description

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.

  • Address 11942 Darlington Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90049
  • Area C06 - Brentwood
  • Country United States

Details

Updated on May 9, 2024 at 12:24 pm
  • Property ID: SGR-31565936
  • Price: $8,475,000
  • Property Size: 14456.00 m²
  • Land Area: 14702.00 m²
  • Bedrooms: 24
  • Bathrooms: 22
  • Year Built: 1967
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 14456.00
  • MLS#: 24389415
  • Office Name: REMAX COMMERCIAL AND INVESTMENT REALTY
  • Agent Name: Jonathan Taksa
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01366169

Additional details

  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace,Central
  • County: Los Angeles
  • Parking: 16.00

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