Properties

Property 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.

Features
: Central, Wall Furnace
: Wall/Window Unit(s)
: Assigned
$0
Address Map
CA
Los Angeles
Los Angeles
90049
Darlington
11942 11948
Avenue
W119° 31' 53.9''
N34° 2' 55.7''
LAR3
C06 - Brentwood
In between Wilshire Blvd. and San Vicente Blvd. Just East of Bundy Dr. Prime Brentwood.
Neighborhood
Neighborhood
MLS Addon
Remax Commercial and Investment Realty
Jonathan Taksa
$0
$0
$0
$0
$0
$0
Additional Information
2
2024-05-08
13
: Multi/Split
14456
Listing Information
CLW-X90025
CLW-X7538301
Active
2024-05-16T12:11:24Z
CRMLS
: Standard
2024-05-08T00:00:00Z

Residential Income For Sale

11942 11948 Darlington Avenue, Los Angeles, California 90049

24 Bedrooms
22 Bathrooms
14,456
$8,475,000
Listing ID #24389415
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24389415
Price : $8,475,000
Bedrooms : 24
Bathrooms : 22
Square Footage : 14,456
Year Built : 1967
Lot Area : 0.34 Acre
Status : Active
Agent info
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