11948 Darlington Ave - Apartments FOR SALE


Los Angeles, CA 90049
$3,995,000 USD
424-672-8220
11948 Darlington Ave, Los Angeles, CA for Sale
$3,995,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

11948 Darlington Ave
Los Angeles, CA 90049


HIGHLIGHTS

  • Premier Brentwood location
  • Incredible unit mix
  • Majority of units luxuriously upgraded
  • $304,681 spent on apartment renovations / $276,784 spent on common area renovations
  • Soft story retrofit completed
  • Close proximity to high end dining, retail and nightlife

OVERVIEW

Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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. A quick walk 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.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$501 USD /SF

# OF UNITS

6

PRICE/UNIT

$665,833

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 huge units in the heart of Brentwood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,743 SF

ZONING

R3

APN/PARCEL ID

4265-009-055

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
424-672-8220

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
424-672-8220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.