11942 Darlington Avenue
$3,975,000
10
11
6,477
6,477
$614
Description
We are pleased to offer for sale a generational multifamily investment opportunity at 11942 Darlington Avenue in the heart of LA's famed community of Brentwood. The mid-century gem boasts an ideal unit mix consisting of mostly large 1 bedroom and 2 bedroom units. Each of these units is very spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the properties and every unit has been remodeled. The incredible unit mix...We are pleased to offer for sale a generational multifamily investment opportunity at 11942 Darlington Avenue in the heart of LA's famed community of Brentwood. The mid-century gem boasts an ideal unit mix consisting of mostly large 1 bedroom and 2 bedroom units. Each of these units is very spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the properties and every unit has been remodeled. The incredible unit mix includes (4) 2-bed, 1.75 bath units, (2) 1-bed, 1 bath units, and (1) efficiency unit. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking (soft story retrofit has been completed) 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). In close proximity 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 Darlington Avenue
Zoning
LAR3
Parcel Number4265009054
Total Units7.0
Living Area6477
Source Living AreaVendor Enhanced
AreaBrentwood (C06)
Vacancy Rate3%
Lot Size Area7352
LISTING UPDATED: 12/12/2024 12:01 AM
Property Details for 11942 Darlington Avenue
Status | Active |
---|---|
MLS # | 24-469327 |
Days on Market | 42 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1965 |
Lot Size | 0.17 AC / 7,352 SF |
County | Los Angeles County |
Building Information for 11942 Darlington Avenue
Stories-Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,352 SF
Property Information for 11942 Darlington Avenue
Property History for 11942 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.
Public Records for 11942 Darlington Avenue
Taxable ValueLand$2,231,037Additions$1,059,871Total$3,290,908
Tax Record2024$40,649 ($3,387 / month)
Home Facts
Total Finished SqFt6,477 SqFtAbove Grade Finished SqFt6,477 SqFtLot Size7,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningLAR3CountyLOS ANGELESAPN4265-009-054
Schools near 11942 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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