Los Angeles, CA 90049 11942 Darlington Ave
$8,475,000
12 more
Presented By: Jonathan Taksa with Remax Commercial and Investment Realty
Home Details
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.
Presented By: Jonathan Taksa with Remax Commercial and Investment Realty
Interior Features for 11942 Darlington Ave
Bedrooms
Total Bedrooms24
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths22
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2
General for 11942 Darlington Ave
Additional Parcels Y/NYes
CityLos Angeles
CoolingWall/Window Unit(s)
CountyLos Angeles
Days on Market8
DirectionsIn between Wilshire Blvd. and San Vicente Blvd. Just East of Bundy Dr. Prime Brentwood.
Gross Income505292
HOA / Comm AssnNo
HeatingCentral, Wall Furnace
LevelsMulti/Split
Lot Size Square Feet14702
Lot Size UnitsSquare Feet
MLS AreaC06 - Brentwood
Net Operating Income312874
New ConstructionNo
NumberOfUnitsTotal13
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Standard StatusActive
StatusActive
Year Built1967
Year Built SourceAssessor
ZoningLAR3
Exterior for 11942 Darlington Ave
Building Area Total14456
Lot Size Acres0.3375
Lot Size Area14702
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesAssigned
Total Parking16
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480