$8,475,000

11942 11948 Darlington Avenue, Los Angeles 90049

12

Beds

9

Baths

14,456

Square feet

14,702

Lot Size

13

# Of Units

Listing Agent
Jonathan Taksa - Remax Commercial and Investment Realty

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.

Facts & Features

MLS® # 24389415
Price $8,475,000
Bedrooms 12
Bathrooms 9.00
Square Footage 14,456
Lot Size 14,702
Year Built 1967
Type Residential Income
Status Active
# Of Units 13

Community Information

Address 11942 11948 Darlington Avenue
Area C06 - Brentwood
City Los Angeles
County Los Angeles
Zip Code 90049

Amenities

Parking Spaces 16
Parking Assigned
Garages Assigned
Is Waterfront No
Has Pool No

Interior

Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Additional Information

Date Listed May 8th, 2024
Days on Market 23
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJonathan Taksa
OfficeRemax Commercial and Investment Realty

Listing Map

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