Los Angeles, CA 90049,11675 Darlington AVE
Los Angeles, CA 90049,11675 Darlington AVE
Los Angeles, CA 90049,11675 Darlington AVE
$4,825,000
Est. payment /mo
$5,200,000
7.2%
Est.Price: ?

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17 Beds
17 Baths
8,901 SqFt
SOLD DATE : 03/21/2024

Key Details

Sold Price $4,825,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,901 sqft

Price per Sqft $542

MLS Listing ID 23331951

Sold Date 03/21/24

Bedrooms 17

HOA Y/N No

Year Built 1986

Lot Size 6,690 Sqft

Property Description

A nine-unit investment opportunity in a premier Brentwood location at 11675 Darlington Ave, just off of S Barrington Ave and steps to San Vicente Blvd; a location that attracts high-end renters with nearby amenities in a submarket with consistent rental growth and appreciation. The subject property was built in 1986 and is not subject to the Los Angeles Rent Stabilization Ordinance; the building features all two-bedroom units with spacious layouts (approximately 1,100 SF); there is gated parking in the rear with two spaces per unit; one third-floor unit will be delivered vacant at the close of escrow. 11675 Darlington Ave has been well-maintained throughout the years with minimal deferred maintenance required for the systems and exterior, although significant rental upside can be achieved through in-unit renovations such as stainless steel appliances, custom bathrooms and kitchens, and the addition of laundry (buyer to verify); the majority of the units have been lightly renovated and currently feature recessed lighting, hardwood floors, vaulted ceilings for two of the third floor units, and balconies for six of the units. There is a secure entrance with intercom access and professional landscaping at the front of the building; gas and electric are separately metered; there is one washer and one dryer leased with Wash. Ideal location for renters to commute to major employment locations such as Santa Monica, Westwood, Century City, Beverly Hills, Culver City and West Los Angeles; less than two miles from the West LA VA Medical Center. Rare opportunity to purchase an A+ Brentwood location that is not subject to the LA RSO with immediate rental upside and long-term appreciation potential

Location

State CA

County Los Angeles

Area C06 - Brentwood

Zoning LAR3

Interior

Heating Natural Gas

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Gated

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4265006001

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Neema Ahadian • Marcus & Millichap
Bought with Neema Ahadian • Marcus & Millichap

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agent

Chi Hye Williams

+1(949) 751-9741

Broker Associate | License ID: 01912994

Broker Associate License ID: 01912994

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