MLS: 23-263625

11666 Mayfield Ave, Los Angeles, CA 90049

Priced at: $8,350,000
Bedrooms:
15
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
14,592 Sq Ft
Lot SqFt:
7,497 Sq Ft
Year 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.
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Features

Equipment/ Appliances:
  • None
Parking:
  • Assigned
MLS: 23-263625
11666 Mayfield Ave, Los Angeles, CA 90049
Price: $8,350,000
Listing courtesy of Remax Commercial and Investment Realty.

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Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, make reference to the purchase agreement and to the documents required by Section 718.503, Florida statutes, to be furnished by a developer to a buyer or lessee. In the interest of continuous product improvements and to meet changing market conditions, the builder reserves the right to modify maps, floorplans, exterior, specifications, features, prices and product types without prior notice or obligation. Some features may vary from plan to plan. All maps, plans, and elevations renderings are artist’s conceptions and not necessarily to scale. All square footages are approximate - room sizes may vary from square footages as shown on the floorplan. Landscape will vary as to maturity, number and species and from floorplan to floorplan.

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