All you really need to completely transform a worn out piece of furniture like this radio cabinet - a little aqua paint and some stain. And yes, you actually can get a gorgeous finish painting furniture with latex paint.
This piece was painted with Annie Sloan Coco. To age it a bit, I applied Annie Sloan clear wax then rubbed Minwax Dark Walnut stain directly on top. I used an old clean sock to remove most of the stain. Finished off with another layer of clear wax.