11666 Mayfield Avenue
$7,800,000
15
18
14,592
14,592
$535
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....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.
- Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 11666 Mayfield Avenue
Zoning
LAR4
Parcel Number4265004021
Total Units15.0
Living Area14592
Source Living AreaAssessor
AreaBrentwood (C06)
Vacancy Rate3%
Lot Size Area7499
LISTING UPDATED: 12/04/2024 02:18 PM
Property Details for 11666 Mayfield Avenue
Status | Active |
---|---|
MLS # | 24-389451 |
Days on Market | 234 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1968 |
Lot Size | 0.17 AC / 7,499 SF |
County | Los Angeles County |
Building Information for 11666 Mayfield Avenue
Stories4Residences-Year Built1968Building Size-Lot Size0.17 AC / 7,499 SF
Property Information for 11666 Mayfield Avenue
Property History for 11666 Mayfield Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11666 Mayfield Avenue
Taxable ValueLand$4,713,137Additions$2,356,567Total$7,069,704
Tax Record2024$86,617 ($7,218 / month)
Home Facts
Total Finished SqFt14,592 SqFtAbove Grade Finished SqFt14,592 SqFtLot Size7,497 SqFtStyleMulti-Family Res (5+ Units)Year Built1968ZoningLAR4CountyLOS ANGELESAPN4265-004-021
Schools near 11666 Mayfield Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Brentwood Science School PublicK to 5 | ||
Brockton Avenue Elementary School PublicK to 5 | ||
Paul Revere Middle School Charter6 to 8 | ||
University Senior High School Charter Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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