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$8,475,000
24 bed
14,456 Sqft
14,702 Sqft lot

11942 11948 Darlington Avenue, Los Angeles, California 90049

  • Residential Income Property Type
  • 12 Days Time on market
  • $586 Price per sqft
  • 1967 Year Built
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.

Basic Details
Residential Income
Buy
24389415
$8,475,000
24
14,456 Sqft
1967
14,702 Sqft
Active
Condos/Co-ops
Features
: Central, Wall Furnace
: Wall/window Unit(s)
16
$0
Address
CA
Los Angeles
Los Angeles
90049
11942 11948 Darlington Avenue
11942 11948
Avenue
0
W119° 31' 53.9''
N34° 2' 55.7''
Additional Information
12
2
22
: Multi/split
1
14,456 Sqft
0 Sqft
0 Sqft
: Assessor
0.34 Sqft
14,702 Sqft
1
0 Sqft
LAR3
4265009055
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
08/05/2024 09:51:33
$0
: Standard
In between Wilshire Blvd. and San Vicente Blvd. Just East of Bundy Dr. Prime Brentwood.
Remax Commercial and Investment Realty
Jonathan Taksa
CLW-X7538301
CLW-X90025
$0
1
1
1
0
0
1
2
13
505292
US-06037-N-4265009055-R-N
08/05/2024 16:58:45
Darlington
C06 - Brentwood
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