11942 11948 Darlington Avenue Los Angeles, CA $ 8,475,000
11942 11948 Darlington Avenue
$ 8,475,000
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11942 11948 Darlington Avenue

Los Angeles, CA, 90049
$ 8,475,000
Bedrooms24 Baths22.0 Sq 14,456

Monthly Estimate*

$ 56,327

Listed by Remax Commercial and Investment Realty
11942 11948 Darlington Avenue, Los Angeles, CA 90049 - Image 1
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11942 11948 Darlington Avenue, Los Angeles, CA 90049 - Image 17

Multi-Family Home for sale in Los Angeles, CA

for $8,475,000 with 24 bedrooms and 22 full baths. This 14,456 square foot home was built in 1967 on a lot size of 0.3375.

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

24

Full Bath

22

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3375

Year Built

1967

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24389415

Days on Market

15

Features
General
Heating Central WallFurnace
Cooling WallWindowUnits
Zoning LAR3
Year Built 1967
Levels MultiSplit
Gross Income 505292.0
County Los Angeles
Net Operating Income 312874.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions In between Wilshire Blvd. and San Vicente Blvd. Just East of Bundy Dr. Prime Brentwood.
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 13
MLS Area C06 - Brentwood
Lot Size Square Feet 14702.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Darlington
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 8
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features Assigned
Total Parking 16.0
Lot Size Area 14702.0
Number of Buildings 2
Spa N
Building Area Total 14456.0
Lot Size Acres 0.3375
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 24
Electric On Property Y/N N
Total Baths 22
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Internal Only
Street Number 1 11942
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

(424) 672-8220

Phone

Affordability Calculator

$56,327
Per Month
100%
0%
0%
Monthly Principal & Interest
$56,327
Monthly Property Taxes
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Monthly Home Insurance
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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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THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$8,475,000 Listed Price

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11942 11948 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 0.3375. 11942 11948 Darlington Avenue has 24 bedrooms, 22.0 baths, and was built in 1967. The property's zip code is 90049 which is in Los Angeles, CA