Homes For Sale In California

$8,300,000
15 Bed
14,592 Sqft
7,499 Sqft Lot
Visits : 4 In 12 Days

11666 Mayfield Avenue, Los Angeles, California 90049

  • Residential Income Property Type
  • 8 Days Time On Market
  • 14,592 Sqft Square Footage
  • 18 Cars Garage
  • 1968 Year Built
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.

Basic Details
Residential Income
For Sale
24389451
$8,300,000
15
14,592 Sqft
1968
7,499 Sqft
Active
Features
: Wall Furnace
: 18
: Assigned
$0
Address Map
California
Los Angeles
Los Angeles
90049
11666 Mayfield Avenue
0
W119° 32' 13.4''
N34° 3' 6.4''
Additional Info
$0
18
14,592
$0
8
$0
$0
4265004021
: Standard
4
$0
LAR4
$0
No
No
No
No
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