CA > Los Angeles
Los Angeles, CA 90049,11666 Mayfield AVE
Los Angeles, CA 90049,11666 Mayfield AVE
Los Angeles, CA 90049,11666 Mayfield AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$6,950,000
Est. payment /mo
15 Beds
18 Baths
14,592 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,592 sqft

Price per Sqft $476

MLS Listing ID 24389451

Bedrooms 15

HOA Y/N No

Year Built 1968

Lot Size 7,501 Sqft

Property Description

HUGE price reduction and NOW PRICED TO SELL!!! 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.

Location

State CA

County Los Angeles

Area C06 - Brentwood

Zoning LAR4

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 18

Building

Story 4

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4265004021

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty

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