$3,995,000
For Sale

11948 Darlington Avenue

Los Angeles, CA 90049
7979 sqft | 14 beds | 0.17 acres | #24469331
Listing OfficeRemax Commercial and Investment Realty
Browse 9 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are pleased to offer for sale a generational multifamily investment opportunity located at 11948 Darlington Avenue in the heart of LA's famed community of Brentwood. A mid-century gem, the building boasts an extraordinary unit mix consisting of mostly large 2 bedroom, 3 bedroom and 4 bedroom units. Each of these units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and 4 of the 6 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, and (1) 1-bed, 1 bath 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. 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.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$3,995,000
      • MLS #24469331
      • MLS #24469331
      • Cost3995000
      • Acres0.1688
      • Square Feet7979
      • Year Built1967
      • Bedrooms14
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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