Listing provided courtesy of Andrew Weiss of Regency Property Management. Last updated 2025-01-15 09:10:59.000000. Listing information © 2024 Sandicor.
Asking Price: $3,700,000 |
11831 Mayfield, Los Angeles CA 90049
Community: C06 - Brentwood
This property was built in 1961 and is priced at $3,700,000. Please see the additional details below.
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.