11942 DARLINGTON AVE
LOS ANGELES, CA 90049
$8,475,000
24 Beds
22 Baths
14,456 Sq Ft
Status Active
MLS# 24-389415
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.
Details for 11942 DARLINGTON AVE
Built in 1967
$586 / Sq Ft
16 parking spaces
Wall/Window
Wall, Central
15 Days on website
0.1688 acres lot
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Jonathan Taksa, 310-968-5303
Remax Commercial and Investment Realty, 213-817-1000
4:00am UTC- 5/23/2024
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Area Information for 11942 DARLINGTON AVE
