11942 Darlington Ave, Los Angeles, CA 90049

$8,525,000
24
BD
22
BA
14,456
SqFt
List Price
$8,525,000
Price Change
▼ $475,000 1689899983
MLS#
23-248593
Year Built
1965
Bedrooms
24
Bathrooms
22
Living Sq. Ft
14,456
Lot Size
14,700
Days on Market
353
Property Type
Multifamily
Stories
2

Property Description

REDUCED PRICING! TWO SIDE BY SIDE PROPERTIES FOR A TOTAL OF 13 UNITS. 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.

Additional Information

Other Buildings
None
Heat
Wall
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Window Unit(s)
Number of Cars in Garage
Assigned

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

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