11942 11948 Darlington Avenue

Los Angeles, CA 90049

$8,475,000

List Price

24

bed Beds

22

shower Baths

14,456 sqft

straighten / sqft

1967

calendar_month 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.

Listing Information

List Price $8,475,000
Status Active
MLS 24389415
Type Residential Income
Year Built 1967
Lot Size 14,702
Structure Size 14,456
DOM 125
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Jonathan Taksa DRE#01366169

Interior Features

Total Bedroom
Bedrooms 24
Total Bathroom
Bathrooms 22
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.