11942 Darlington Ave, Los Angeles, CA 90049 – 24-469327

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$3,975,000

Est. payment - /mo

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10 BD

11 BA

6,477 SqFt

Active

11942 Darlington Ave Los Angeles, CA 90049

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/12/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,477 sqft

Price per Sqft $613

MLS Listing ID 24-469327

Bedrooms 10

Year Built 1965

Lot Size 7,352 Sqft

Acres 0.1688

Property 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 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.

Location

State CA

County Los Angeles

Area Brentwood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Assigned

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty