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11942 Darlington Avenue, Los Angeles, CA 90049
Priced at Only: $8,475,000
For more Information Call Mobile: 714.478.6676
Address: 11942 Darlington Avenue, Los Angeles, CA 90049
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  • MLS#: 24389415 ( )
  • Street Address: 11942 Darlington Avenue
  • Viewed: 2
  • Price: $8,475,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 0
  • Days On Market: 233
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90049
  • Provided by: Remax Commercial and Investment Realty
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 14456.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
  2. Central
Levels
  1. Multi/Split
Netoperatingincome
  1. 304490.00
Parcel Number
  1. 4265009055
Parking Features
  1. Assigned
Postalcodeplus4
  1. 5636
Sourcesystemkey
  1. 24-389415:CLAW
Totalexpenses
  1. 180471.00
Year Built
  1. 1967
Year Built Source
  1. Assessor
Zoning
  1. LAR3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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