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Listed by Jonathan Taksa - DRE #01366169 - Remax Commercial and Investment Realty 213-817-1000

$8,300,000

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11666 Mayfield Avenue Los Angeles, CA 90049

Cluster Residence

15 Beds

18 Baths

14,592 Sq. Ft.

0.17 Acre Lot

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Last updated on 11/16/2024 1:46 AM

Listing Details

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 spac...ious, 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. Continue reading

MLS#

24389451

Property Type

Cluster

Status

Bedrooms

Bathrooms

Year Built

1968

Square Feet

14,592 sq. ft

Lot Size