$ 8,475,000
11942 11948 Darlington AVE Los Angeles, CA 90049
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Michelle Esquivel
michelle@michellehomesellingteam.com
REQUEST A TOUR
In-PersonVirtual Tour
Michelle Esquivel
michelle@michellehomesellingteam.com$ 8,475,000
Est. payment | /mo
24 Beds
22 Baths
14,456 SqFt
$ 8,475,000
Est. payment | /mo
24 Beds
22 Baths
14,456 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,456 sqft
Price per Sqft $586
MLS Listing ID 24389415
Bedrooms 24
HOA Y/N No
Year Built 1967
Lot Size 0.337 Acres
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 C06 - Brentwood
Zoning LAR3
Interior
Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Assigned
Parking Type Assigned
Total Parking Spaces 16
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4265009055
Special Listing Condition Standard
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA