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11666 Mayfield Ave
Los Angeles CA 90049 US

$7,800,000

Active Listing ID 24-389451
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15 bed
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Lot: 0.17 Acres
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Other

$7,800,000

Active Listing ID 24-389451
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11666 Mayfield Ave 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall Unit(s) A/C

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 7800000
  • unparsedaddress: 11666 Mayfield Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90049
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1722
  • lotsizeunits: Acres
  • lotsizearea: 0.1722
  • livingarea: 14592
  • livingareaunits: Square Feet
  • listagentfullname: Jonathan Taksa
  • listagentemail: jon@taksainvestment.com
  • listagentkey: 3yd-CLAWCA-X90025
  • listagentmlsid: X90025
  • listagentpreferredphone: 2138171000
  • listagentofficephone: 2138171000
  • listofficekey: 3yd-CLAWCA-X7538301
  • listofficemlsid: X7538301
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1968
  • listingcontractdate: 2024-05-08
  • countyorparish: Los Angeles
  • parcelnumber: 4265-004-021
  • cooling: Wall Unit(s) A/C
  • numberofunitstotal: 15
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 18
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 1/15/2025 12:49:20 AM GMT
Source Updated Date: 1/31/2025 6:47:10 AM GMT

Courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty, jon@taksainvestment.com

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.