11666 Mayfield Avenue
$8,300,000
15
18
14,592
14,592
$569
Description
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...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 Rate13441
Lot Size Area7499
LISTING UPDATED: 05/16/2024 12:01 AM
Property Details for 11666 Mayfield Avenue
Status | Active |
---|---|
MLS # | 24-389451 |
Days on Market | 199 |
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 |
---|---|---|
Brockton Avenue Elementary School PublicK to 5 | ||
Brentwood Science 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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