11666 MAYFIELD Avenue

Los Angeles, CA, 90049

$9,895,000

$678 per ft²
$9,895,000
$678 per ft²
Active
Active
 - For Sale
beds
15 Beds
baths
18 Baths
carpenters-square
14,592 ft²
property_type
Multi-family
calendar
Built 1968
11666 Mayfield Avenue is a rare and ideal multifamily investment opportunity in the heart of LA's famed community of Brentwood. 11666 Mayfield Avenue boasts an ideal unit mix consisting of large 1 bedroom 1 bath units and 1 bedroom 2 baths and a den units. Each of these apartments are extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and 80% of the units have been remodeled. The unit mix includes (12) 1-bed, 1-bath units and (3) 1-bed, 2 baths and a den unit. All of the 1-bedroom, 2 baths and a den units are EXEMPT from rent control. 11666 Mayfield Avenue is located in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 18 cars as well as an on-site laundry facility, and the soft story parking retrofit work has already been completed by ownership. A quick walk to the high-end dining and nightlife 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 Los Angeles.
MLS® ID:
22167287
Listed:
6/12/22
Updated:
1/30/23

Interior Features

Total Bedrooms
15
Total Bathrooms
18
Heating
Wall Furnace

Exterior/Building Features

Lot Size
7,497 ft² lot

Other Property Details

Area Name
C06 - Brentwood
Garage
No
Parking
Gated
Parking Total
18.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LAR4
Buyer Agency Compensation
1.500

Courtesy of Jonathan Taksa, Remax Commercial and Investment Realty, CA DRE

Listing Contact:  

Based on information from the CRISNet MLS as of 1/30/23, 1:38 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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