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11666 Mayfield Avenue, Los Angeles, CA 90049
Priced at Only: $7,800,000
For more Information Call Mobile: 714.478.6676
Address: 11666 Mayfield Avenue, Los Angeles, CA 90049
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  • MLS#: 24389451 ( )
  • Street Address: 11666 Mayfield Avenue
  • Viewed: 5
  • Price: $7,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 0
  • Days On Market: 232
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90049
  • Provided by: Remax Commercial and Investment Realty
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    HUGE price reduction!!! 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
Building Area Total
  1. 14592.00
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Multi/Split
Netoperatingincome
  1. 292754.00
Parcel Number
  1. 4265004021
Parking Features
  1. Assigned
Sourcesystemkey
  1. 24-389451:CLAW
Totalexpenses
  1. 164213.00
Year Built
  1. 1968
Year Built Source
  1. Assessor
Zoning
  1. LAR4
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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