11649 Mayfield Ave - Apartments FOR SALE


Los Angeles, CA 90049- West Los Angeles
$14,500,000 USD
213-623-0800
11649 Mayfield Ave, Los Angeles, CA for Sale
$14,500,000 USD
Apartments - FOR SALE
1/25
null | 4.63% Cap Rate

11649 Mayfield Ave
Los Angeles, CA 90049
West Los Angeles


HIGHLIGHTS

  • 40 Units - Mixture of Studio & One Bed Units
  • Renovated Units With Custom Designed Furnishings
  • Secure Access To Building & Parking Area
  • Subterranean Parking With Charging Stations
  • Rooftop Lounge Area With Excellent Views
  • Short Walk From Brentwood Urban Village

OVERVIEW

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 and (17) x 1 Bed/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. Property Tours available.

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$512 USD /SF

# OF UNITS

40

PRICE/UNIT

$362,500

CAP RATE

4.63%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

40-Unit Multi-Family Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2007

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4265-005-006

ASK ABOUT THIS PROPERTY

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.