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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.

Features
: Wall Furnace
: 18.00
: Gated
Address Map
US
CA
Los Angeles
Los Angeles
90049
MAYFIELD
11666
Avenue
In between Wilshire Blvd. and San Vicente Blvd. Just East of Barrington Avenue.
W119° 32' 14.4''
N34° 3' 8.1''
C06 - Brentwood
MLS Addon
22167287
4265000000
8
01366169
Remax Commercial and Investment Realty
Taksa
Jonathan
$207,634 ($274 Rebate)
$403,497 ($533 Rebate)
$415,977 ($549 Rebate)
$0
0
$198,306 ($262 Rebate)
$0
$0
$0
$0
$0
0 Sqft
Standard

INVESTMENT FOR SALE Residential Income MAYFIELD Avenue Los Angeles

11666 MAYFIELD Avenue, Los Angeles, California 90049

0.17 Acre
$9,895,000 ($13,061 Rebate)
Listing ID #22167287
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $9,895,000 ($13,061 Rebate)
Price Per Square Foot : $678 ($1 Rebate)
Year Built : 1968
Lot Area : 0.17 Acre
StandardStatus : Active
Zoning : LAR4
Total Number of Units : 15
LotSizeSquareFeet : 7,497 Sqft
Building Area Total : 14,592 Sqft
Agent info
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US Broker Services Inc. is not a government agency. An Equal Opportunity Housing brokerage. All data, including all measurements and calculations of area, is obtained from various sources and has not been verified. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DRE #01989982

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