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,… Read More 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. Read Less
Courtesy of Remax Commercial and Investment Realty 213-817-1000
Listing Snapshot
Days Online
98
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,477
Lot Size
0.17 Acres
Year Built
1965
MLS Number
24-469327
30 Days Snapshot Of 90049
$5,912k
-10%
(avg) sold price
31
+29%
homes sold
64
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
6,477 sq ft, Built in 1965, Levels: Multi/Split
Cooling
Wall/Window
Disclosures
As Is
Garage
Assigned
Heating
Wall
Lot
LotAcreage: 0.1688, LotSizeArea: 7,352
Parking
TotalParking: 0
Property
NumberOfUnits: 7, Zoning: LAR3
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