Active

11942 11948 Darlington Avenue

Los Angeles CA, 90049

$8,475,000


$586.26 per sqft

Active

24 Beds

22 Baths

14,456 sqft

Residential

Built in 1967

Listed by Jonathan Taksa with Remax Commercial and Investment Realty 424-672-8220

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.

24389415

MLS ID

May 8, 2024

Listed

December 1, 2024

Updated

Map

11942 11948 Darlington Avenue
Los Angeles CA, 90049

Interior Features

Total Stories

2


Bedrooms

24


Total Bathrooms

22


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Wall Furnace

Exterior/Building Features

Lot Size

0.34 Acres

Other Property Details

Area Name

C06 - Brentwood


Days on Market

207


Garage

No


Parking

Assigned


Parking Total

16


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing Contact: 213-817-1000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/1/2024 at 4:10 PM UTC

 

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