$3,700,000
For Sale

11831 Mayfield Avenue

Los Angeles, CA 90049
6066 sqft | 9 beds | 0.15 acres | #25482071
Listing OfficeRegency Property Management
Browse 3 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

This exceptional opportunity presents the chance to acquire a strategically situated 7-unit apartment building in the heart of West Los Angeles. Spanning an impressive 6,066 square feet, this fully occupied multifamily property boasts a diverse unit mix, including two spacious 3-bedroom, 2-bathroom units, two cozy 2-bedroom, 2-bathroom units, a charming 1-bedroom, 1-bathroom unit, and three versatile studios without kitchens. One of these units even features a delightful front patio.Owned and meticulously maintained by a family for years, this building stands on a generous 6,386-square-foot lot, complete with onsite laundry facilities. Nestled in the esteemed Brentwood neighborhood, this property enjoys a prime location, just a short drive from the breathtaking Santa Monica coast and less than 2 miles from the renowned UCLA campus. Residents of this property will relish the proximity to a vibrant array of amenities, all within walking distance. From trendy restaurants and bars to delightful dessert spots, grocery stores, craft shops, and specialty boutiques, this location offers a rare combination of quality, convenience, and potential investment returns. This property will be exchanged under the provisions of section 1031 by the seller.

  • Property Details
      • School DistrictLos Angeles Unified
      • Property SubtypeResidentialIncome
      • Lot DescriptionRectangularLot
      • Property TypeMulti-Family
      • InteriorCeilingFans
      • CountyLos Angeles
      • Original List Price$3,700,000
      • MLS #25482071
      • MLS #25482071
      • Cost3700000
      • Acres0.1466
      • Utility SourcePublic
      • Sewer InformationOther
      • Square Feet6066
      • Year Built1961
      • FoundationSlab
      • Bedrooms9
      • Stories2

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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