Listed by Jonathan Taksa, Remax Commercial and Investment Realty,

11666 MAYFIELD Avenue

Los Angeles, CA, 90049

$9,895,000

$678 per ft²
$9,895,000
$678 per ft²
Active
Active
 - For Sale
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:
8/16/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
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

 

Listed by Jonathan Taksa, Remax Commercial and Investment Realty,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/16/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:11 AM UTC, 8/16/22

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