11666 Mayfield Avenue, Los Angeles, Los Angeles, CA, ResidentialIncome, 15, 18

$ 8,350,000
11666 Mayfield Avenue,

Overview

  • Updated On:
  • November 13, 2023
  • 15 Bedrooms
  • 18 Bathrooms
  • 14,592.00 ft2

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.

Address: 11666 Mayfield Avenue
State/County:
Zip: 90049
Country: US
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$ 42,812.10
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 32,374.60
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David Clark