Mansions Collection - Luxury Homes Real Estate Collection
MLS: 23-248593

11942 Darlington Ave, Los Angeles, CA 90049

Priced at: $8,525,000
Bedrooms:
24
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
14,456 Sq Ft
Lot SqFt:
14,700 Sq Ft
Year Built:
1965
REDUCED PRICING! TWO SIDE BY SIDE PROPERTIES FOR A TOTAL OF 13 UNITS. 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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Features

Equipment/ Appliances:
  • Microwave
  • Dishwasher
Parking:
  • Assigned
MLS: 23-248593
11942 Darlington Ave, Los Angeles, CA 90049
Price: $8,525,000
Listing courtesy of Remax Commercial and Investment Realty.

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Information provided is subject to change without notice.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, make reference to the purchase agreement and to the documents required by Section 718.503, Florida statutes, to be furnished by a developer to a buyer or lessee. In the interest of continuous product improvements and to meet changing market conditions, the builder reserves the right to modify maps, floorplans, exterior, specifications, features, prices and product types without prior notice or obligation. Some features may vary from plan to plan. All maps, plans, and elevations renderings are artist’s conceptions and not necessarily to scale. All square footages are approximate - room sizes may vary from square footages as shown on the floorplan. Landscape will vary as to maturity, number and species and from floorplan to floorplan.

William PD Pierce Luxury Realestate
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