Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    11666 Mayfield Avenue, Los Angeles, CA 90049
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    11666 Mayfield Avenue
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    • MLS#: 24389451 ( )
    • Street Address: 11666 Mayfield Avenue
    • Viewed: 8
    • Price: $7,800,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1968
    • Bldg sqft: 0
    • Days On Market: 244
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90049
    • Provided by: Remax Commercial and Investment Realty
    • Contact: Jonathan Jonathan
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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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    Features
    Building Area Total
    1. 14592.00
    Country
    1. US
    Heating
    1. Wall Furnace
    Levels
    1. Multi/Split
    Netoperatingincome
    1. 292754.00
    Parcel Number
    1. 4265004021
    Parking Features
    1. Assigned
    Sourcesystemkey
    1. 24-389451:CLAW
    Totalexpenses
    1. 164213.00
    Year Built
    1. 1968
    Year Built Source
    1. Assessor
    Zoning
    1. LAR4
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836