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11666 MAYFIELD AVE LOS ANGELES, CA 90049

$9,895,000
15 bd
18 ba
14,592 sqft
7,497 lot
Est payment $53118.5/mo

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Multi-Family in LOS ANGELES

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.

Courtesy Of RE/MAX Commercial and Investment Realty

15 Beds
18 Baths
14,592 Sq. Ft.
7,497 Lot

Main Features

Listing Status: Active
Year Built: 1968
Floors: 3
County: LOS ANGELES
Units: 15
Zoning: LAR4
MLS Number:22-167287

Additional Features

Cooling:
- Wall Unit(s)
Disclosures:
- As Is
Unit 1 Furnished:
- No
Unit 2 Furnished:
- No
Other Structures:
- None
Covered Parking:
- 18
Parking:
- Gated
Parking Spaces:
- 18
Heating:
- Wall
Number of Buildings:
- 1
Board:
- The Combined Los Angeles/Westside MLS
Gross Income:
- 415977
Net Operating Income:
- 207634.00
Probate Sale:
- Fo
Rent Control:
- Yes
Special Conditions:
- Standard
Expenses:
- 198306
Gross Operating Income:
- 403497
Listing Agent License Number:
- 01366169
Lot Size Area:
- 7497
LP Per SQFT:
- 678.11
Other Equipment:
- None
Total Acres:
- 0.1721
Unit 1 Bathrooms:
- 1.00
Unit 1 Bedrooms:
- 1
Unit 1 Rent:
- 25880.00
Unit 1 Total Units:
- 12
Unit 2 Bathrooms:
- 1.50
Unit 2 Bedrooms:
- 1
Unit 2 Rent:
- 8785.00
Unit 2 Total Units:
- 3

Price
Term
Interest Rate

Estimated Monthly Payment: $38,769.95*

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Search Nearby Homes

11666 MAYFIELD AVE LOS ANGELES, CA 90049

$9,895,000
15 bd
18 ba
14,592 sqft
7,497 lot
Est payment $53118.5/mo

11666 MAYFIELD AVE LOS ANGELES, CA 90049

Property & Neighborhood Info

Multi-Family in LOS ANGELES

Main Features

Additional Features

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11666 MAYFIELD AVE LOS ANGELES, CA 90049