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$3,975,000
Est. payment /mo
10 Beds
11 Baths
6,477 SqFt
UPDATED:
12/13/2024 07:12 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,477 sqft
Price per Sqft $613
MLS Listing ID 24469327
Bedrooms 10
HOA Y/N No
Year Built 1965
Lot Size 7,352 Sqft
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 C06 - Brentwood
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Assigned
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4265009054
Special Listing Condition Standard
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty
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Scott Woodburn
Real Estate Professional Knowledge Broker | License ID: 01185194
Real Estate Professional Knowledge Broker License ID: 01185194