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11666 Mayfield Ave
Los Angeles, CA 90049
Residential Multi Family (Other)
0.17 Acres
14592 Sqft Living Area
15 Bedrooms
0 Bathrooms (0 Full, 0 Half)
Year Built: 1968
$8,300,000
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Property 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 (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.
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Contact Details
Name: Jonathan Taksa
Email: jon@taksainvestment.com
MLS Listing Id: 24-389451
Agent Phone: (213) 817-1000
List Agent License:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Office MLS Id: X7538301
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.