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40-UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY

11649 Mayfield Ave, Los Angeles, CA 90049

Overview

Price:$13,500,000
Number of Units:40
Building Size:10,868 SF
Property Type:Multifamily
Total Lot Size:7,501 SF
Year Built:2007

Highlights

  • Desirable West Los Angeles Location
  • 40 Units - Mixture of Studio & One Bed Units
  • Renovated Units With Custom Designed Furnishings
  • Secure Access To Property
  • Subterranean Parking With Charging Stations
  • R3 Zoning
  • Rooftop Lounge Area With Excellent Views
  • 88 Walk Score
  • Walking Distance to San Vicente Blvd
  • Nearby 405 Freeway

Description

11649 Mayfield Avenue is a 40-unit +/-10,868 SF multi-family property located in Los Angeles. The unit mix consists of (23) x Studio/1 Bath units, (13) x 1 Bed/1 Bath units and (4) x 1 Bed + Loft/1 Bath units. Zoned R3, the property sits on a 7,501 SF lot. Originally built in 2007, the property was renovated in 2019. Onsite amenities include a rooftop lounge area with BBQ, fully-equipped kitchens with deluxe stainless steel appliances, onsite washer/dryers and cable/internet access ready units.

Certain units have custom-designed furnishings and washer/dryers. The building also comes with secured access, subterranean parking and charging stations. 11649 Mayfield Avenue is within one mile of the 405 Freeway, via Wilshire Blvd. The property is ideally located near San Vicente Blvd shopping, restaurant and health facilities.

Location

11649 Mayfield Avenue is ideally located in the Brentwood neighborhood of West Los Angeles. Brentwood is one of L.A.’s most affluent neighborhoods, located on the Westside between Westwood and Santa Monica. Brentwood Country Mart, Barrington Plaza and the San Vicente Business District are three upscale shopping and dining areas in the neighborhood. UCLA is located within a few miles of the property. Seventy percent of Brentwood residents aged 25 and older had earned a four-year degree by 2000.

Contact Broker

Matthew Sullivan
Managing Director, Principal
Los Angeles - Investment Services Group

Office213.623.0800 x1
Fax213.623.1395

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