Listed by Jonathan Taksa with Remax Commercial and Investment Realty

11942 11948 Darlington Avenue

Los Angeles, CA, 90049

$9,000,000

$622 per ft²
$9,000,000
$622 per ft²
Active
Active
 - For Sale
beds
24 Beds
baths
22 Baths
carpenters-square
14,456 ft²
property_type
Multi-family
calendar
Built 1965
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. There is also the opportunity to add ADUs (Buyer to verify).A quick walk 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.
MLS® ID:
23248593
Listed:
3/6/23
Updated:
3/21/23

Interior Features

Kitchen Appliances
Dishwasher, Microwave
Total Bedrooms
24
Total Bathrooms
22
Laundry Description
Common Area
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.34 acres lot

Other Property Details

Area Name
C06 - Brentwood
Garage
No
Parking
Assigned
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/21/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/21/23 at 7:36 AM UTC

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