11942 Darlington Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90049
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,456 sqft
Price per Sqft $586
MLS Listing ID 24-389415
Bedrooms 24
Year Built 1967
Lot Size 0.338 Acres
Acres 0.1688
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.
Location
State CA
County Los Angeles
Area Brentwood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall, Central
Cooling Wall/Window
Equipment None
Exterior
Garage Assigned
Garage Spaces 16.0
Building
Story 2
Level or Stories Multi/Split
Others
Special Listing Condition Standard