11666 Mayfield Avenue

Los Angeles, CA 90049

$8,300,000

List Price

15

bed Beds

18

shower Baths

14,592 sqft

straighten / sqft

1968

calendar_month 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.

Listing Information

List Price $8,300,000
Status Active
MLS 24389451
Type Residential Income
Year Built 1968
Lot Size 7,499
Structure Size 14,592
DOM 125
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Jonathan Taksa DRE#01366169

Interior Features

Total Bedroom
Bedrooms 15
Total Bathroom
Bathrooms 18

Exterior Information

Maps

Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.