11942-11948 Darlington Avenue
$8,475,000
24
22
14,456
14,456
$586
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...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.
- Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 11942-11948 Darlington Avenue
Zoning
LAR3
Parcel Number4265009055
Total Units13.0
Living Area14456
Source Living AreaAssessor
AreaBrentwood (C06)
Vacancy Rate15159
Lot Size Area14702
LISTING UPDATED: 09/05/2024 08:15 AM
Property Details for 11942-11948 Darlington Avenue
Status | Active |
---|---|
MLS # | 24-389415 |
Days on Market | 183 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1967 |
Lot Size | 0.34 AC / 14,702 SF |
County | Los Angeles County |
Building Information for 11942-11948 Darlington Avenue
Stories2Residences-Year Built1967Building Size-Lot Size0.34 AC / 14,702 SF
Property Information for 11942-11948 Darlington Avenue
Property History for 11942-11948 Darlington Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 11942-11948 Darlington Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Brentwood Science School PublicK to 5 | ||
Brockton Avenue Elementary School PublicK to 5 | ||
Paul Revere Middle School Charter6 to 8 | ||
University Senior High School Charter Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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