Los Angeles, CA 90049,11666 Mayfield Avenue
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Los Angeles, CA 90049,11666 Mayfield Avenue
Los Angeles, CA 90049,11666 Mayfield Avenue
Los Angeles, CA 90049,11666 Mayfield Avenue
Los Angeles, CA 90049,11666 Mayfield Avenue
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$ 7,800,000
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11666 Mayfield Avenue Los Angeles, CA 90049

14,592 SqFt


UPDATED:

12/04/2024 11:59 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 14,592 sqft

Price per Sqft $534

MLS Listing ID CL24389451

HOA Y/N No

Year Built 1968

Lot Size 7,499 Sqft

Acres 0.17

Property Description

HUGE price reduction!!! 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.

Location

State CA

County Los Angeles

Area Listing

Zoning LAR4

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 4265004021


Bridge MLS
Listed by Jonathan Taksa • Remax Commercial and Investment Realty

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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11666 Mayfield Avenue