11733 Mayfield Ave - Apartments FOR SALE


Los Angeles, CA 90049- West Los Angeles
$3,925,000 USD
11733 Mayfield Ave, Los Angeles, CA for Sale
$3,925,000 USD
Apartments - FOR SALE
1/33
null | 4.25% Cap Rate

11733 Mayfield Ave
Los Angeles, CA 90049
West Los Angeles


OVERVIEW

The Azzi Group of Marcus & Millichap is pleased to present the opportunity to acquire 11733 Mayfield Ave, a 9-unit investment opportunity located in the highly desirable Brentwood neighborhood of Los Angeles — one of the most affluent submarkets in Southern California. Ideally situated in the heart of Brentwood between San Vicente Boulevard and Montana Avenue, this well-maintained 9-unit apartment community offers investors a rare opportunity in one of West Los Angeles' most sought-after neighborhoods. Built in 1967, the three-story wood-frame property features a desirable unit mix consisting of one 3-bedroom/2-bath unit, three 2-bedroom/2-bath units, and five 1-bedroom/1-bath units, all designed with spacious and functional layouts. The property is separately metered for electricity and is positioned on an LAR3-zoned parcel, providing potential future redevelopment or additional density opportunities. Brentwood's strong rental fundamentals, characterized by low vacancy, stable tenancy, and long-term rent growth, continue to support investor demand. Additional tenant amenities include ample on-site parking and community laundry facilities, further enhancing the property's appeal.

FOR SALE DETAILS

PRICE

$3,925,000 USD

PRICE/SF

$382 USD /SF

# OF UNITS

9

PRICE/UNIT

$436,111

CAP RATE

4.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

LAR3

APN/PARCEL ID

4265-008-009

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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