Back to Listings
MLS:23-248593

11942 Darlington, Los Angeles, CA 90049

Priced at: $8,525,000
Bedrooms:
24
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
14,456 Sq Ft
Lot SqFt:
14,700 Sq Ft
Year Built:
1965
REDUCED PRICING! 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. 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.

Fees

Features

Equipment/ Appliances:
  • Microwave
  • Dishwasher
Parking:
  • Assigned
Share
FacebookTwitter
TruthSocialLinkedInPinterestwhatsapp

Property Inquiry

  • *By submitting this form with your telephone number you are consenting for any and all authorized representatives of William Pierce Luxury Real estate to contact you even if your name is on the Federal Do-Not-Call List
  • This field is for validation purposes and should be left unchanged.
MLS: 23-248593
11942 Darlington, Los Angeles, CA 90049
Price: $8,525,000
Listing courtesy of Remax Commercial and Investment Realty

Similar Properties at Brentwood

Brentwood, CA 90049
5 Bed | 3 Bath | 3 Half Bath
615 Tigertail Rd, Los Angeles, CA 90049
$19,750,000
MLS: 24-439569
5 Bed | 4 Bath
1736 Mandeville Ln, Los Angeles, CA 90049
$5,990,000
MLS: 24-386939
4 Bed | 1 Bath | 1 Half Bath
12610 Promontory Rd, Los Angeles, CA 90049
$4,798,000
MLS: 24-357199

"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

Translate »