11975-11979 Mayfield Avenue

Los Angeles, CA 90049

$6,950,000
Price
12
Beds
16
Baths
8,896 Sq. Ft.
$781 / Sq. Ft.
8,896
Sq. Ft.
$781
per Sq. Ft.

Description

One of a kind asset in one of the most desirable markets in the country! Located in prime Brentwood just south of San Vicente, this beautiful new construction 3-unit opportunity was built by award winning developer Thomas James Homes. This development consists of three modern, high-end residential units designed to meet the demands of contemporary living while ensuring sustainability and luxury. The property has a massive 3,214 sq ft 4 bedroom/6 bedroom house in the front and a townhome duplex in...One of a kind asset in one of the most desirable markets in the country! Located in prime Brentwood just south of San Vicente, this beautiful new construction 3-unit opportunity was built by award winning developer Thomas James Homes. This development consists of three modern, high-end residential units designed to meet the demands of contemporary living while ensuring sustainability and luxury. The property has a massive 3,214 sq ft 4 bedroom/6 bedroom house in the front and a townhome duplex in the back. The front home can be delivered vacant at close of escrow making this the ideal owner-user opportunity! Offered at $781/ft and a 5.56% cap rate, this asset is offered at extremely attractive metrics. Most single family homes in the 90049 zip code sell for well over $1,000/ft for new construction product. Also, the duplex units are occupied on long term leases bringing in strong rental income to offset a new buyer's mortgage. As you step inside the front house, you'll be welcomed by an open and airy layout, highlighted by high ceilings and an abundance of natural light. The gourmet kitchen is a culinary dream, complete with a center island, bar seating, brand-new stainless-steel appliances, and a convenient walk-in pantry. Venture outside to your expansive private backyard, perfect for entertaining. Enjoy a built-in BBQ area with grill and beverage fridge, alongside a variety of covered and uncovered patio spaces, all framed by a lush grassy lawn and hedgingideal for gatherings or relaxing in peace. Additional features include a main level office, multiple living areas on each floor, and a grand primary suite with a walk-in closet and a luxurious spa-like bath with a separate shower and soaking tub. The third-level family room opens to an expansive covered patio, offering breathtaking views of the city and mountains. For your convenience, a side-by-side washer and dryer are located in an upstairs closet, and a private 2-car garage provides ample parking and storage. This exceptional Brentwood residence is meticulously crafted for modern luxury living, providing a lifestyle of unparalleled comfort and style. Enjoy immediate access to the finest boutiques, gourmet dining, and all that San Vicente Blvd has to offer, with the beach just a short drive away. This is more than just a home; it's a rare lifestyle opportunity waiting for you!
  1. Listed by John Katnik • DRE #02002695 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 11975-11979 Mayfield Avenue

Water Front
None
Zoning
LARD3
Style
Farm House
Parcel Number
4265009045
Total Units
3.0
Living Area
8896
Source Living Area
Builder
Area
Brentwood (C06)
LISTING UPDATED: 11/15/2024 12:01 AM

Property Details for 11975-11979 Mayfield Avenue

StatusActive
MLS #24-461145
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.21 AC / 9,001 SF
CountyLos Angeles County

Building Information for 11975-11979 Mayfield Avenue

Stories3Residences-Year Built2023Building Size-Lot Size0.21 AC / 9,001 SF

Property Information for 11975-11979 Mayfield Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: 4 Bedrooms
  • Security Features: Gated
  • Direction Faces: South
  • Property Condition: New Construction
  • Water Heaters: Yes
  • Water Heater Features: Tankless
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $482,160
  • Net Operating Income: $386,243.00
  • Gross Income: $492,000
  • Cap Rate: 5.56%
  • Gross Rent Multiplier: $14.13
  • Vacancy Allow Percent: 2.00%
  • Owner Pays: Gardener
  • Total Annual Expense: 95917
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2067
  • Lot Size Square Feet: 9001
  • Lot Size Dimensions: 60x150
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 7
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Engineered Hardwood, Tile
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Solar Panels, Refrigerator, Range/Oven, Barbeque, Garbage Disposal
  • Kitchen Features: Quartz Counters
  • Room Bathroom Features: Shower in Tub, Vanity area
  • Bathroom Features: Shower and Tub, Double Vanity(s)
  • Bedroom Features: WalkInCloset
  • Cooking Appliances: Built-In BBQ, Range, Range Hood, Oven-Gas
  • Laundry: In Unit, On Upper Level, Room
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Sprinklers: Sprinkler Timer
  • Patio Features: Covered, Balcony
  • New Construction: Yes
  • Construction Materials: Vertical Siding
  • Exterior Construction: Vertical Siding
  • Other Structural Features: Barbecue Private
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-12-2024
  • Rent Control: No
  • Tenant Pays: Gas, Water, Trash Collection, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $12,500.00
  • Unit Actual Rent: $12,500.00
  • Unit Projected Rent: $12,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $12,500.00
  • Unit Actual Rent: $12,500.00
  • Unit Projected Rent: $12,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 6
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $16,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $4,146,618.00
  • Assessed Land Percent: 100
  • Assessed Total Value: $4,146,618.00
  • Private Transfer Taxes: No

Property History for 11975-11979 Mayfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 11975-11979 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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11975-11979 Mayfield Avenue is a multi-family home for sale in Los Angeles, CA 90049. This property was listed for sale on November 7, 2024 by BRC Advisors- BH, it's currently listed at $6,950,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Brockton Avenue Elementary School, Brentwood Science School and Paul Revere Middle School. 11975-11979 Mayfield Avenue is a 12-bed, 16-bath, 8,896 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.