Skip To Content

11666 Mayfield Ave

Los Angeles, CA 90049
  • $9,895,000
  • STATUS: Active
  • ON SITE: 234 Days
  • MLS #: 22-167287
UPDATED: 31 min ago
$9,895,000
  • 15
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,592
    SQFT
  • $678
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-03T13:43:08.687. 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.
www.deserthouseseekers.com/homes/129798449
Print Image

11666 Mayfield Ave Los Angeles, CA 90049

  • Price: $9,895,000
  • Status: Active
  • On Site: 234 Days
  • Updated: 31 min ago
  • MLS #: 22-167287
15
Beds
0
Baths
0
½ Baths
0.17
Acres
14,592
SQFT
$678
$/SQFT
1968
Built
Neighborhood:
Brentwood
County:
Los Angeles
Area:
Brentwood
Property Description
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.
Exterior Features

Covered Parking 18 Lot Size Area 7497 Other Structures None Parking Garage Gated Total Parking 18

Interior Features

Baths Total 18.00 Cooling Wall Unit(S) Equipment None Heating Wall

Property Features

Assessed Total Value 6661943 Gross Income 415977 Gross Operating Income 403497 Like Units1 12 Like Units2 3 Net Operating Income 207634.00 Number Of Buildings 1 Number Of Units 15 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 198306 Type Of Units 1S Year Built Source Assessor Zoning Lar4

Listing provided courtesy of Jonathan Taksa DRE#01366169 of Remax Commercial And Investment Realty: 213-817-1000.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-03T13:43:08.687. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-167287-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-167287-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-167287-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210