11942 Darlington Avenue Los Angeles, CA $ 8,475,000
11942 Darlington Avenue
$ 8,475,000
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11942 Darlington Avenue

Los Angeles, CA, 90049
$ 8,475,000
Baths0.0 Sq 14,456

Monthly Estimate*

$ 56,327

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $8,475,000. This 14,456 square foot home was built in 1967 on a lot size of 0.34.

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.

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Multi-Family Active

Price

$ 8,475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.34

Year Built

1967

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024389415

Features
General
Heating Central Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1967
Levels Multi/Split
County Los Angeles
Net Operating Income 312874.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 1.50
Senior Community Y/N No
MLS Area C06 - Brentwood
Lot Size Square Feet 14702.0
Street Name Darlington
Additional Parcels Y/N Yes
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Parking Features Assigned
Lot Size Area 14702.0
Building Area Total 14456.0
Lot Size Acres 0.34
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
Jonathan Taksa

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$56,327
Per Month
100%
0%
0%
Monthly Principal & Interest
$56,327
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$8,475,000 Listed Price

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11942 Darlington Avenue, Los Angeles, CA, 90049 is a Multi-Family Home for sale at $8,475,000 with 14,456 sqft and a lot size of 0.34. 11942 Darlington Avenue is a studio with 0.0 baths and was built in 1967. The property's zip code is 90049 which is in Los Angeles, CA