$8,475,000
Active
20 Days Online
24 Beds22 Baths14,456 SQFT
Active

11948 Darlington Avenue Los Angeles, CA 90049

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site20 Days
  • MLS StatusActive
  • MLS ID Number24389415
  • Home Size Source Assessor
  • Year Built1967
  • Lot Size0.3375 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Assigned
  • Parking Spaces 16
  • Number of Stories Multi/Split2
  • Acreage 0.3375
  • Zoning LAR3
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall FurnaceCentral

Community Features

  • Senior Community No
  • MLS Area C06 - Brentwood

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Monthly Payment (Est.)

$44,835
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